{"id":9691,"date":"2019-08-15T13:22:45","date_gmt":"2019-08-15T13:22:45","guid":{"rendered":"https:\/\/www.synergymediaspecialists.com\/?p=9691"},"modified":"2021-05-25T04:24:57","modified_gmt":"2021-05-25T04:24:57","slug":"kobelco-contributes-to-indias-growth-story","status":"publish","type":"post","link":"https:\/\/sms-bridges.com\/staging\/kobelco-contributes-to-indias-growth-story\/","title":{"rendered":"Kobelco contributes to India\u2019s growth story"},"content":{"rendered":"\n
\"\"
Vikram Sharma<\/strong>, Adviser and former Managing Director and\u00a0Koji Nakagawa<\/strong>, Managing Director and CEO of KCEI\u00a0 |\u00a0\u00a0\u00a9\u00a0KCEI<\/em><\/figcaption><\/figure><\/div><\/a><\/div>\n\n\n\n

In 2011, KCEI set up its production facility in the Satyavedu Reserve Infracity Pvt. Ltd. (also known as Sri City), a special economic zone in Andhra Pradesh, just 75 kilometers north of Chennai. It was the very first Japanese company in Sri City and its success encouraged many other Japanese companies to locate there as well.<\/p>\n\n\n\n

KCEI supplies construction machinery such as excavators and cranes that are known for their more efficient fuel consumption and durability. Owing to the synergy of engines and efficient hydraulic systems, Kobelco\u2019s excavators could save about 10 to 15 percent of diesel per hour when compared to those of their competitors, making them more eco-friendly.<\/p>\n\n\n\n

\u201cIn the beginning, our production capacity was four to six machines a day and in the first year we produced only 500 machines,\u201d said KCEI adviser and former Managing Director Vikram Sharma.<\/p>\n\n\n\n

\"\"
KCEI factory<\/strong>\u00a0in Sri City, Andhra Pradesh\u00a0 |\u00a0\u00a0\u00a9\u00a0KCEI<\/em><\/figcaption><\/figure><\/div><\/a><\/div>\n\n\n\n

KCEI produced more than 2,000 machines last year and its production continues to grow to meet the strong demand from India\u2019s road and mining sectors.<\/p>\n\n\n\n

\u201cWe recently completed our third expansion, raising our production capacity to 12 machines a day. We are still considering further increasing our production capacity, in accordance with the growth of the Indian market,\u201d said Sharma.<\/p>\n\n\n\n

The Indian market for excavators has been growing around 20 percent year on year for the last four years. This robust growth is expected to continue as India\u2019s construction equipment market is projected to have a compound annual growth rate of 10 percent over the next five years.<\/p>\n\n\n\n

Aligned with its vision of \u201cdelivering true value to society,\u201d KCEI, together with the Indian Construction Equipment Manufacturers Association, have been driving initiatives to improve the safety and emission norms in India.<\/p>\n\n\n\n

KCEI is also one of the Japanese companies collaborating with the Indian government to establish the Japan-India Institute for Manufacturing (JIM) in Sri City. The JIM program is a collaborative effort aimed at increasing the pool of skilled workers to support the growth of India\u2019s manufacturing industry.<\/p>\n\n\n\n

\u201cIndia is one of the fastest-growing markets for Kobelco worldwide and we are committed to being a partner of choice in constructing India\u2019s bright future,\u201d said KCEI Managing Director and CEO Koji Nakagawa.<\/p>\n\n\n\n

www.kobelco-in.com<\/a><\/strong><\/p>\n\n\n\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

In 2011, KCEI set up its production facility in the Satyavedu Reserve Infracity Pvt. Ltd. (also known as Sri City), a special economic zone in Andhra Pradesh, just 75 kilometers north of Chennai. It was the very first Japanese company in Sri City and its success encouraged many other Japanese companies to locate there as […]<\/p>\n","protected":false},"author":2,"featured_media":17699,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[277,292,259,300,289],"tags":[506],"class_list":{"0":"post-9691","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-277","8":"category-articles","9":"category-bridging-japan","10":"category-india","11":"category-machinery","12":"tag-industrial"},"yoast_head":"\nKobelco contributes to India\u2019s growth story - Bridges Magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sms-bridges.com\/staging\/kobelco-contributes-to-indias-growth-story\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kobelco contributes to India\u2019s growth story - Bridges Magazine\" \/>\n<meta property=\"og:description\" content=\"In 2011, KCEI set up its production facility in the Satyavedu Reserve Infracity Pvt. 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