Published On:December 12 2014
Story Viewed 1956 Times
Nittan Valve eyes OEMs in India, commissions plant in Sri City.
Nittan India Tech, the Indian subsidiary of the Japanese auto major Nittan Valve Co Ltd., inaugurated its production unit at Sri City recently and plans to supply to original equipment manufacturers (OEMs).
Hisao Takahashi, President, Nittan Valve, administered the dedication ceremony along with Toshimichi Kimbara, Executive Managing Director, Nittan Valve, and Kazuhiro Tasaka, Managing Director, Nittan India Tech, Ravindra Sannareddy, Managing Director, Sri City, including representatives from the automotive original equipment manufacturing (OEMs) firms such as Honda, Toyota, Suzuki, Volvo, Yamaha, and a few others.
Hisao Takahashi in a statement said, 'India's market is very promising and this new unit will enable us to better respond to orders for engine valves from OEMs operating in India.'
Ravindra Sannareddy said, 'Nittan India's entry to Sri City was followed by the Japanese auto giant Isuzu and several automotive ancillary industries.'
On the industrial policy of the State, he said, 'Following the visit of a high-level delegation headed by N. Chandrababu Naidu, AP Chief Minister to Japan, the State Government had announced plans to develop an automobile hub in the Nellore-Chittoor region close to Chennai and the Bengaluru industrial corridor.'
The construction work of the plant, carried out by Sumitomo Mitsui Construction Co, was completed in a short span of about eight months.
HBL