"In India, a widespread of manufacturing companies actively invest in equipment as domestic demand expands"

...says Takashi Yamazaki, President, Yamazaki Mazak Corporation. In an interview with Neha Basudkar Ghate, he highlights that, India has a strong growth potential and the company chose Pune to set up the state-of-the-art Technology Centre, as the city has a strong engineering industry presence

- Neha Basudkar Ghate

Please tell us the reasons for choosing India for the new factory?

With a population of approximately 1.35 billion, India continues to experience high levels of economic growth. We established our first sales office in India in 1998, and India’s current GDP has increased about seven times since 1998.

Currently, in India, a wide range of manufacturing companies, including automobile, agricultural machinery, and aircraft manufacturers, continue to actively invest in equipment as domestic demand expands. Especially in recent years, as the supply chain of the manufacturing industry has been reviewed worldwide, semiconductor investment in India has been active. Combined with these trends, demand for machine tools is expected to increase over the medium to long term.

Why did Mazak choose Pune as the location for its new factory?

Yamazaki Mazak started operations in India 25 years ago. We chose Pune as our base because of the strong engineering industry presence and our existing customers. In 2011, we opened a state-of-the-art Technology Centre to give support to Indian customers. We have a strong team in Pune and therefore Pune became the natural choice of starting a manufacturing plant.