◂ Announcements

Apr 21, 2017EXPANSIONSri City, Andhra Pradesh, India

Kobelco to expand excavator plant in Sri City, India

Kobelco Construction Equipment India is expanding its excavator plant in Sri City, Andhra Pradesh, from 2,000 to 3,000 units per year over 18 months, with an additional investment of approximately ₹200 crore.

Value

$31.0M (2.00B INR)

Starts operating

Oct 2018

Status

Announced

Capacity

3,000 units per year

Productsexcavatorsconstruction equipment

CompaniesKobelco Construction Equipment India Private Limited Kobelco Construction Machinery Co., Ltd. partner

Sectors#Industrial Machinery

“The plan is to take the capacity from the existing 2,000 units a year to 3,000 units in about 18 months.”thehindu.com

2 sources
thehindu.comJapanese firm Kobelco on expansion pathSpecial CorrespondentApr 21, 2017
thehindubusinessline.comKobelco upbeat on demand from roads, mining sectors - The HinduBusinessLineThe HinduBusinessLineApr 23, 2017

Summarized from public sources; check the original articles before acting on it.

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