THK India eyes local, global market
Hosts Open House ceremony to explore new business opportunities
image for illustrative purpose
THK India Pvt Ltd, a subsidiary of THK Co Ltd, took a strategic leap forward in its business expansion endeavors with a grand ‘Open House’ ceremony at its cutting-edge Greenfield factory in Sri City on Monday.
With a resolute vision to tap into new prospects and broaden its customer base within the country, the company unveiled ambitious plans to supply premium products to key sectors, including the EV industry, semiconductor manufacturing equipment industry, renewable energy industry, and automation equipment. Besides meeting the demand of local market, THK India will also export its products to other countries.
THK’s only production unit in India, commissioned in November 2021, produces linear motion guides and equipment for application in various sectors. The company supplies products to industries such as machine tools, medical equipment, diamond processing, stone cutting, railway, aviation, and space industries. THK’s products were used in Chandrayaan-three.
Akihiro Teramachi, CEO, THK Co, Ltd, and Chairman, THK India, briefly explained that they decided to set up their first production unit in India because of customers’ demand, India’s high economic growth, and the government’s ‘Make in India policy.’