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Murata Machinery establishes Indian subsidiary
Murata Machinery Ltd has announced the establishment of its wholly owned
subsidiary, MURATA MACHINERY INDIA PRIVATE LIMITED, which commenced operations
from November 2007.
Murata Machinery India will further enhance the operations of market support,
installation and follow-up services for its textile machines, which have
traditionally been handled by Murata Machinery’s authorized service partner, MMI
SERVICES PRIVATE, LTD. (MMIS).
Following the liberalisation of trade in India in 1991, Murata Machinery has had
a strong presence in India through the supply of its machinery and technology.
Murata has witnessed a dramatic growth of the sales of its textile machinery -
Having increased more than ten-fold over the past five years, and comprising
nearly 25% of the global sales of the textile machinery division of Murata
Machinery in 2007.
With the remarkable growth of the Indian economy, Murata Machinery expects that
together with its textile machinery market, its markets for machine tools,
logistics and automation equipment will also grow significantly in the future.
Therefore, Murata Machinery Japan has fully funded the establishment of Murata
Machinery India as a new umbrella company for the Indian market.
The bases of operation (Mumbai, Coimbatore, and Delhi) of Murata Machinery India
will continue to cater to its customers and deliver products and services
matching the needs of its customers.
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