# Kyocera CTC Precision Tools plans threefold capacity expansion in Jamshedpur

Kyocera CTC Precision Tools Pvt Ltd (KCPT), a joint venture between Kyocera Corporation and CTC India, plans to invest Rs 250-300 crore to triple its production capacity from 600,000 to 1,800,000 pieces per month over three years. The company also plans to open an R&D centre at its Jamshedpur plant.

- Type: Expansion
- Announced: 2018-03-15
- Where: Jamshedpur, Jharkhand, India
- Value: $46.0M (300.0M INR)
- Status: announced
- Capacity: 1,800,000 pieces per month
- Products: carbide and ceramic inserts, precision cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kyocera CTC Precision Tools Pvt Ltd](https://endata.com/companies/18389.md)
- [KYOCERA Corporation](https://endata.com/companies/14971.md) (partner)
- [CTC (India) Private Limited](https://endata.com/companies/18390.md) (partner)

## Sources

- [business-standard.com](https://www.business-standard.com/article/pti-stories/kyocera-ctc-eyes-3-fold-production-rise-to-invest-rs-300-cr-118031500621_1.html), 2018-03-15: "We are targeting to achieve a growth of 25 per cent in the current fiscal."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.