Nidec India Precision Tools Ltd.

Nidec Machine Tool Corporation will construct a new factory for Nidec India Precision Tools Ltd. in Ranipet, Tamil Nadu, India, increasing production capacity by 1.5 times. The factory will produce hob cutters, pinion cutters, and other cutting tools.

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.