# Nidec Machine Tool to build cutting tool factory in Ranipet, India

Nidec Machine Tool will construct a new cutting tool factory in Ranipet, Tamil Nadu, India, with production capacity 1.5 times current capability, to start production on July 1, 2023.

- Type: New facility
- Announced: 2023-06-26
- Where: Ranipet, Tamil Nadu, India, India
- Starts operating: 1 Jul 2023
- Status: under construction
- Capacity: 1.5 times current manufacturing capability
- Products: hob cutters, pinion cutters, cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nidec Machine Tool](https://endata.com/companies/57941.md)
- [Nidec India Precision Tools Ltd.](https://endata.com/companies/71050.md)
- [Nidec India Precision Tools Ltd.](https://endata.com/companies/71050.md) (partner)

## Sources

- [nidec.com](https://www.nidec.com/en/corporate/news/2023/20230626-01/), 2023-06-26: "Nidec Machine Tool Corporation today announced that it will construct a new factory for Nidec India Precision Tools Ltd. in Ranipet of India’s Tamil Nadu State, to start production on Saturday, July 01."
- [nidec.com](https://www.nidec.com/en/machine-tool/news/latest-news/2023/news0626-01/), 2023-06-26: "Nidec Machine Tool Corporation today announced that it will construct a new factory for Nidec India Precision Tools Ltd. in Ranipet of India’s Tamil Nadu State, to start production on Saturday, July 01."
- [nidec.com](https://www.nidec.com/en/nidec-machinetool/corporate/news/2023/20230626-01/), 2023-06-26: "Nidec Machine Tool today announced that it will construct a new factory for Nidec India Precision Tools Ltd. to start production on Saturday, July 01."
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/35061/Nidec-Machine-Tool-opens-new-cutting-tool-factory-in-India), 2023-07-03: "The new factory, with its production capacity 1.5-times the company’s previous manufacturing capability, started producing hob cutters, pinion cutters, and other cutting tools on 1 July."

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