Kobelco Cranes to Produce Crawler Cranes in India
Chennai, March 3, 2011
Press Release
Kobelco Cranes Management at the Ground breaking ceremony
Kobelco Cranes Co., Ltd., a wholly owned subsidiary of Kobe Steel Ltd, Japan, has performed the Ground Breaking Ceremony of its manufacturing plant at Sri City in Tada, Andhra Pradesh today. The new plant will manufacture state of the art Kobelco Model Crawler Cranes shortly.
The Ground Breaking Ceremony was attended by His Excellency T. Kitagawa, Deputy Consul from Consulate-General of Japan at Chennai, Mr. Isao Aida, President, Kobelco Cranes Co. Ltd, Japan, and representatives from Kobe Steel Ltd and its group companies from Japan as well as officials from Sri City.
“The new Indian plant will be Kobelco’s first overseas production facility. Kobelco Cranes, among the world’s major Crawler Cranes makers in Japan, United States and Europe, will be the first foreign company to own a facility in India that specializes in the manufacture of Crawler Cranes”, said Mr. Isao Aida, President, Kobelco Cranes Co. Ltd, Japan.
“The new Indian plant, having facilities of assembly line, manufacturing line, painting & shipment, has the capacity to manufacture 100 Cranes in a year and will begin production from November, 2011. Anticipating the growth of the Indian market, we are starting production of the 100t model. We aim to increase production and its models according to the needs of the market,” he added.
“The demand of crawler cranes in India, which reached about 200 units in 2010, is expected to grow to 700 units in the next few years considering the strong infrastructure development across India”, said Tatsuo Tabushi, Managing Director, Kobelco Cranes India.
“It is an achievement to have two subsidiaries of the Kobe Steel Group i.e., Kobelco Construction Equipment and Kobelco Cranes set up their plants in Sri City within 12 months. Very shortly, the Japanese Enclave at Sri City will have four more companies establishing their presence. We are positive that the success of Kobelco in Sri City will attract more Japanese companies to have their presence in Sri City. We look forward to seeing Kobelco charting its growth path in Sri City and we extend our dedicated support in all their endeavors”, said Mr. Ravindra Sannareddy, MD, Sri City.
