Machine tool major Tsugami to double production in India

Record demand in auto sector pushes Japanese makers to boost capital spending

20180501_Tsugami_factory

Tsugami will expand its factory in Tamil Nadu to double the company's production capacity in India. © Courtesy of Tsugami

MASASHI ISAWA, Nikkei staff writer

TOKYO -- Machine tool manufacturer Tsugami plans to double output capacity in India over the next several years. By both enhancing own facilities and renting floors from a neighboring factory, the maker aims to raise monthly output to about 100 units, from the current 40-50.

Amid robust economic growth in India, Tsugami wants to take advantage of the steady rise of the machine tool demand there.

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