Business Economy


Kobelco rolls out 20,000th excavator, strengthens R and D Centre in India

Chennai, Mar 21 (UI) Kobelco Construction Equipment India (KCEI), a subsidiary
of Japan-based Kobelco Construction Machinery Company, on Friday reached a
significant production milestone by rolling out its 20,000th excavator at its
manufacturing plant in Sri City, Andhra Pradesh.
This facility serves both domestic and international markets, reinforcing India’s role
as a key production center for Kobelco.
Talking to a group of visiting reporters from Chennai who were conducted around the
facility, Mr Takemichi Hirakawa, Managing Director and CEO, KCEI, said, reaching
the 20,000th excavator production milestone reflects our commitment to delivering
high-quality construction equipment.
"India has emerged as an important manufacturing base for Kobelco, meeting both
domestic demand and expanding our global footprint", he said.
"As part of our long-term growth strategy, we remain aligned with the ‘Make in India’
initiative and continue to invest in R&D, strengthening our capabilities",he said.
KCEI is also setting up a new R&D facility in Sri City, Andhra Pradesh, aimed at
enhancing technology development and product innovation. This facility will focus
on advanced engineering solutions, customization for varied market requirements,
and further strengthening India’s position as a key manufacturing and innovation
hub for Kobelco.
KCEI manufactures a wide range of excavators in India, with an annual production
capacity of 3,000 units.
The company supplies excavators to domestic customers, exports to more than
16 countries and continues to maintain high-end leadership with over 25% market
share.
UNI GV 1825
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