Tsugami to invest ¥2 billion in machine tool capacity in India and China

Japanese machinery maker Tsugami will invest about 2 billion yen ($17.1 million) in fiscal 2017 to increase production capacities in China and India, aiming to meet rising demand for sophisticated machine tools.

“Japanese machinery maker Tsugami will invest about 2 billion yen ($17.1 million) to increase production capacities in China and India in fiscal 2017.”asia.nikkei.com

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• asia.nikkei.comTsugami to boost machine tool capacity in India, China - Nikkei AsiaDec 29, 2016

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