Saturday 24 August 2013

Minebea domestic subsidiary commences India operations

NMB-Minebea, a wholly-owned subsidiary of Minebea, Japan, today said it has commenced its operations in the country.Small-size bearings and precision components maker NMB-Minebea, a wholly-owned subsidiary of Minebea, Japan, today said it has commenced its operations in the country.

Until now, Minebea's marketing activities were being carried out through its representative office in Chennai, the company said in a release here.

NMB-Minebea India will be headquartered in Gurgaon with branch offices in Chennai and Pune.

"Our objective in entering the Indian market is to leverage the growth potential in the automobile, aerospace, medical and textile market which are fast emerging sectors. India offers us the added advantage of a broad producer canvas to choose from," NMB-Minebea India Pvt Limited Managing Director and Chief Executive Ashok Ashta said.

***** Ashok Leyland launches Neptune engines * Hinduja Group flagship company Ashok Leyland today announced the launch of indigenously developed 'Neptune' engines for its range of vehicles.

"Designed and developed in-house, the Neptune family of engines have been benchmarked for greater fuel efficiency, lower maintenance, longer life, greater reliability and superior NVH (Noise, Vibration and Harshness) characteristics", Ashok Leyland said in a statement.

The 'Neptune' engine will be available in BS-III and BS-IV versions and ensures maximum vehicle uptime, lower life cycle cost and reliability.

The engines, ranging from 160 HP to 380 HP, will be deployed across a range of trucks and buses in a phased manner, it said.

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