Shibaura Machine to invest Rs 225 crore to double manufacturing capacity in Chennai

Shibaura Machine India Private Limited announced plans to invest Rs 225 crore to expand its manufacturing capacity in Chennai, India, from 1,200 to 3,200 injection moulding machines per year. A new facility adjacent to the existing plant has broken ground, with trial production expected by November 2023.

“India has been a strategic investment destination for us, and it represents a growing market for our products.”theprint.in

• 1 source
• theprint.inShibaura Machine to invest Rs 225 crore in India to double its manufacturing capacity – ThePrint – ANIPressReleasesANI PRNov 25, 2022

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