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Kobe Steel has decided to invest about 3 billion yen to expand the plant at Kobelco Industrial Machinery India (KIMI) in Chennai. The expansion will enhance production capacity for tire and rubber machinery and add production of non-standard compressors. Completion is projected in fiscal 2027.
“Kobe Steel announces that it has decided to invest in the expansion of a plant at Kobelco Industrial Machinery India (KIMI), a production base of the Kobe Steel Machinery Business division.”kobelco.co.jp
Summarized from public sources; check the original articles before acting on it.