Japan-based Okuma to expand business in India

New Delhi, July 12: Japan's machine tool manufacturing major OkumaCorporation is all set to enhance its presence in the country initiallythrough opening sales and customer services office in capital and laterin Pune, Bangalore and Chennai.

''We expect three to four per cent of the current total 1.6billion dollar from our India operations,'' said company President andChief Executive Officer Yoshimaro Hanaki.

The company's strategy is to provide timely support to the boomingautomobile and motorcycle, construction and farm equipment, and themedical industries of India, he added.

The objective of the centre is to serve the local customers, sharetechnology, and manufacturing know-how, and improve speed of responsein customer support, Mr Hanaki said.

Okuma products are used in the autumotive, aerospace,construction, and farming equipment, oil and energy, medical, die/moldand fluid power industries.

UNI