India : Japanese Murata Machinery To Set Up Indian Subsidiary

Murata Machinery Ltd announces the establishment of its wholly owned subsidiary, MURATA MACHINERY INDIA PRIVATE LIMITED commencing 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.

Murata Machinery has always acknowledged the importance of the Indian textile industry, and its responsibility to provide reliable and high quality service and support to its customers.

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.

This has motivated Murata Machinery Japan to fully fund the establishment of Murata Machinery India as a new umbrella company for the Indian market.



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