Hirotec, a Japan-based manufacturer of car doors and exhaust systems has recently announced its plan to expand its production in India. For that, the company is going to invest an additional Rs 40 crore to create an integrated international engineering centre of excellence and manufacturing facility in its Coimbatore unit.
Katsutoshi Uno, chairman, Hirotec America and director, Hirotec Corporation said, “The investments are done to establish facilities which would meet Hirotec Global standards to facilitate in the production of quality tooling solutions to growth needs of automotive OEMs in India.”
Hirotec Corporation, Japan, has obtained 40 per cent share in Hirotec India. Uno also informed that the integrated facility will be operational in April 2014. On the other hand, Takahiro Hayama, president Hirotec India has spoken on the financial performance of the company that Indian operations have made a turnover of $ 5 million in 2011-12, which has reached $ 10 million in 2012-13 so far.
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