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Home arrow News arrow Business News arrow Yaskawa Electric to establish subsidiary in India for motion control products
Yaskawa Electric to establish subsidiary in India for motion control products Print E-mail
Written by Jeeva   
Wednesday, 07 July 2010
Yaskawa Electric Corporation has announced its plans to establish a new subsidiary in India to manufacture and market servo and drive products. The Indian entity will be named Yaskawa India Private Limited and is scheduled to be incorporated by the end of August 2010 with production expected to commence in January 2011.

This move is aimed at meeting the soaring demand in the country as well as increasing competitiveness through reduced cost and quicker delivery. Yaskawa's strategic focus is on the enhancement of customer satisfaction by providing prompt deliveries and also catering to diversified user demands.

The company has been operating through it's sales channel partners in the country since the early 1990s and already has an established business in India. It has been providing its products to infrastructure, enviormental and industrial machinery industries.

Yaskawa Electric Corporation intends to widen it's presence in the Indian marketplace for motion control products.

The Indian economy was quick to recover and has continued to grow despite the economic downturn of 2008. India's economic growth has been very encouraging for several global automation suppliers, including Yaskawa Electric Corporation and other Japanese firms.

Yaskawa Electric Corporation believes that the present demand surge in the country will only increase. The company will enhance it's marketing capabilities and it's network in India, through improved collaborations with its present sales channel partners.

 
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