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Home Business

Another Japanese Company Nittan India Tech inaugurates production Unit at Sri City

by NS
December 11, 2014
in Business
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IMG_1195Chennai : Nittan India Tech Pvt. Ltd., the Indian subsidiary of the Japanese auto major Nittan Valve Co Ltd, inaugurated its production unit at Sri City today. Mr. Hisao Takahashi, President, Nittan Valve, administered the dedication ceremony and declared the plant inaugurated along with Mr. Toshimichi Kimbara, Executive Managing Director, Nittan Valve and  Mr. Kazuhiro Tasaka, Managing Director, Nittan India Tech., Mr. Ravindra Sannareddy, Managing Director, Sri City, and a host of dignitaries from the automotive original equipment manufacturing (OEMs) firms like Honda, Toyota, Suzuki, Volvo, Yamaha and a few others.

Addressing the gathering, Mr. Hisao Takahashi thanked Sri City for its support and said, “India’s market is very promising, and this new unit will enable us to better respond the orders for engine valves from the OEMs operating in India.”

Speaking at the ceremony, Mr. Ravindra Sannareddy said, “Inauguration of Nittan’s very first Indian production unit at Sri City, marks a significant milestone in the saga of their development, and upholds their determination to be the leaders of Indian market too.”

He said, “Nittan India’s entry to Sri City was followed by the Japanese auto giant Isuzu and several automotive ancillary industries.”

Briefing on the proactive industrial policy of the state government, he said, “Following the visit of a high level delegation led by hon’ble Chief Minister of AP to Japan, for attracting auto majors and to build an investor-friendly ecosystem, the state government announced  plans to develop an automobile hub in the Nellore-Chittoor region close to Chennai and Bengaluru.”

Mr. Toshimichi Kimbara and  Mr. Kazuhiro Tasaka also spoke on the occasion.

The construction work that was carried out by Sumitomo Mitsui Construction Co., was completed in a short span of about 8 months.

 

NS

NS

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