# 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.

- Type: Expansion
- Announced: 2022-11-25
- Where: Chennai, Tamil Nadu, India
- Value: $27.0M (2.25B INR)
- Starts operating: Nov 2023
- Status: under construction
- Capacity: 3,200 machines per year
- Products: injection moulding machines, auxiliary equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shibaura Machine](https://endata.com/companies/9927.md)

## Sources

- [theprint.in](https://theprint.in/ani-press-releases/shibaura-machine-to-invest-rs-225-crore-in-india-to-double-its-manufacturing-capacity/1235225/), 2022-11-25: "India has been a strategic investment destination for us, and it represents a growing market for our products."

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