Strengthening customer support structure to contribute to advanced productivity and market expansion
Kyocera Corporation (NYSE:KYO)(TOKYO:6971) today announced that it has opened an industrial cutting tool technical center in Gurgaon, India to strengthen its customer support structure in the Indian market — which is expected to continue showing high growth. The KYOCERA Asia Pacific India Technical Center is the first of its kind to be established by a Japan-based company in India*, and will start operation on June 15, 2012.
India is a key market for the Kyocera Group's cutting tool business, and through the opening of the new technical center, the company aims to establish a thorough service structure to support the enhancement of its customers manufacturing ability.
Including the new center in India, the Kyocera Group presently operates 12 cutting tool technical centers around the world, with similar facilities in Japan (3), China (2), U.S.A., Germany, Denmark, Brazil, Korea and Singapore.
Overview | |||
| Name | KYOCERA Asia Pacific India Technical Center | ||
| Location | Gurgaon City, India | ||
| Facilities | Machining centers, NC lathes, measuring machines, seminar rooms, etc. | ||
| Purpose | 1. | To provide a high level of technical/manufacturing-related support to meet customers' diverse needs in a timely and easily accessible manner. | |
2. | To utilize facilities for training of sales representatives and distributors. | ||
Indian Market Background
In India, the market for automotive
and general industrial machinery is rapidly expanding, with fundamental
growth also seen in infrastructure-related industries including energy,
railway and road construction. Based on these circumstances it is
expected that the market for industrial cutting tools will continue to
grow at an average of ten percent annually — which is the highest level
out of all the newly developing countries.
History of Kyocera Cutting Tool Business in India
In August
2009, KYOCERA Asia Pacific India Private Limited was established in
Gurgaon City as a sales subsidiary for the company's products; and
currently operates sales offices in four cities in India including Pune,
Bengaluru (Bangalore) and Chennai. The company plans to further
strengthen its network by setting up new sales offices in India in the
future.
On June 7, 2012, the Kyocera Group established its first manufacturing location in India (KYOCERA CTC Precision Tools Private Limited) to further strengthen its industrial cutting tool business in the Indian market; with production at the new company scheduled to start in June 2013.
By establishing a structure for manufacturing, sales and technical support in the expanding Indian market, Kyocera aims to expand sales of cutting tools in the country to seven billion yen (approx. USD89 million) annually in five years.
* First technical center established by Japan-based company in India to be equipped with machining centers, NC lathes, measuring machines, seminar rooms. As of June 13, 2012; based on research by Kyocera.
For more information about Kyocera Industrial Cutting Tools:http://global.kyocera.com/prdct/tool/index.html
About KYOCERA
Kyocera Corporation (NYSE:KYO)(TOKYO:6971) (http://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as "advanced ceramics"). By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of, cutting tools, industrial ceramics, solar power generating systems, telecommunications equipment, printers, copiers, electronic components and semiconductor packages. During the year ended March 31, 2012, the company's net sales totaled 1.19 trillion yen (approx. USD14.5 billion). The company is ranked #426 on Forbes magazine's 2012 "Global 2000" listing of the world's largest publicly traded companies.
Contacts:
KYOCERA Corporation (Japan)
Judah Reynolds, +81-(0)75-604-3416
Corporate
Communications
webmaster.pressgl@kyocera.jp
Fax:
+81-(0)75-604-3516
