Minebea forays into the Indian market
CHENNAI: NMB-Minebea India Private Limited, a wholly-owned subsidiary
of Minebea Co Ltd (Minebea), a global manufacturer of miniature and
small-sized bearings and precision components, announced commencement of
its operations in Gurgaon,
India. The company will focus on strengthening Minebea's business
operations and expanding its sales activities for the new clients in
Indian market, where government too is placing increased emphasis on
manufacturing activity.
Until now, Minebea's marketing activities had been carried out through its representative office in Chennai. However, going forward, upon the establishment of its subsidiary NMB-Minebea India, the company will start its full-fledged business operations. NMB-Minebea India will be head quartered in Gurgaon, with branch offices in Chennai and Pune.
"Our objective in entering the Indian market is to leverage the growth potential in the automobile, aerospace, medical and textile market which are fast emerging sectors. For established part makers like Minebea, India offers us the added advantage of a broad producer canvas to choose from. We
VIMAL SINGH pgdm
Until now, Minebea's marketing activities had been carried out through its representative office in Chennai. However, going forward, upon the establishment of its subsidiary NMB-Minebea India, the company will start its full-fledged business operations. NMB-Minebea India will be head quartered in Gurgaon, with branch offices in Chennai and Pune.
"Our objective in entering the Indian market is to leverage the growth potential in the automobile, aerospace, medical and textile market which are fast emerging sectors. For established part makers like Minebea, India offers us the added advantage of a broad producer canvas to choose from. We
VIMAL SINGH pgdm
No comments:
Post a Comment