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Kobelco set up unit in Sri City SEZ

Kobelco Construction Equipment India Pvt Ltd (KCEI), a group company of Kobelco Construction Machinery Co Ltd, Japan is investing Rs.500 million to set up a unit in the private-sector multi-product SEZ in Tada in Nellore district of Andhra Pradesh. The new unit is likely to go operational by early 2011 and is will have a capacity to manufacture 1200 units a year. This is the first unit in India and the company has 6 manufacturing locations across Japan, Thailand, China and India besides joint-ventures in Italy and US.

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