22.07.2010 Kobelco Crawler Cranes Production in India

Japanese crane manufacturer Kobelco Cranes will build crawler cranes in India. Investment by the wholly owned subsidiary of Kobe Steel will be Yen 1.2 billion / Rupee 600 million (US$13 million) to construct a plant scheduled to begin production in October 2011. Kobelco Cranes India Pvt. Ltd. (KCI), a wholly owned subsidiary, will be established in August 2010 and there will be about 70 employees.

The Indian market for crawler cranes, which reached about 200 units in 2009, will grow to 700 units in the next five years on the back of strong infrastructure investment. The new Indian plant will be Kobelco's first overseas production facility. It will be the world's first major foreign mobile crane manufacturer to build crawlers in India.

Crawlers will be built between 90 and 250 tonnes capacity. The 6,900 square metre factory will be adjacent to the new Kobelco Construction Machinery hydraulic excavator plant. The proximity of the plants will allow sharing of distribution and information.

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