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Kobe Steel’s new compressor company begins marketing in India
November 12, 2015
TOKYO, November 12, 2015 — Kobe Steel, Ltd. announces that it has established a subsidiary company in India called Kobelco Compressors India Pvt. Ltd. (or KCIN). KCIN has begun full-scale marketing of standard air compressors this month.
Kobe Steel’s standard compressor business has large market shares in Japan and ASEAN countries. Kobe Steel anticipates that KCIN will further contribute to growing its share of the world market. In three years, KCIN anticipates cumulative sales of 500 units. In the future, KCIN aims to achieve sales of 1,500 units per year in India.
Standard compressors are mainly used in factories to provide compressed air for powering equipment and machinery, painting, powder conveying and other applications. This utility equipment is widely used in numerous industries. With a global market scale of US$9 billion (about 1 trillion yen), the Indian compressor market of US$250 million (about 30 billion yen) is anticipated to double in the next several years, according to Kobe Steel projections.
To capture a share of the Indian market, Kobe Steel saw the need for a local presence and formed KCIN. KCIN has now begun full-scale sales activities and is marketing the Kobelion series of screw compressors, which are noted for their high efficiency and energy-saving features. In Japan, the Kobelion series has gained a 30-percent share of the market and is highly regarded for its reliability.
Kobe Steel has built up a global network to market and service its standard compressors. Kobe Steel currently has manufacturing locations in three countries: Japan, the United States and China. Sales locations have been established in Singapore, Indonesia, Malaysia, the Philippines, Vietnam and Cambodia. The addition of KCIN will also further improve access to the Middle East and enhance marketing and after-sales service in the region.
In addition, Kobe Steel is the only comprehensive compressor manufacturer in the world that can supply centrifugal, reciprocating and screw compressors. Kobe Steel has an estimated 50-percent share of the world market for these nonstandard screw compressors, or custom-engineered process compressors.
Details of the New Indian Company
- Name:
- Kobelco Compressors India Pvt. Ltd.
- Location:
- Gurgaon, Haryana, India
- Capital:
- 120 million rupees (About 230 million yen)
- Equity shareholding:
- Kobe Steel, Ltd. 97.5%, Kobelco Machinery Asia Pte. Ltd. 2.5%
- Established:
- September 2015
- Representative:
- Shozo Okada, Managing Director
- Employees:
- 7 (including 2 Japanese)
- Business:
- Marketing, sales and after-service of standard compressors in India
Compressor Manufacturing Locations
| Name | Location | Business | Start-up |
|---|---|---|---|
| Harima Plant | Harima, Hyogo, Japan | Manufacture of standard compressors | 1973 |
| Kobelco Compressors Manufacturing Indiana, Inc. | Elkhart, Indiana, USA | Manufacture and sale of standard and nonstandard compressors | 1988 |
| Kobelco Compressors Manufacturing (Shanghai) Corporation | Shanghai, China | Manufacture and sale of standard compressors | 2004 |
At the KCIN office: Managing Director Shozo Okada is second from right.
KCIN is marketing the Kobelion series of standard compressors. With a large share of the Japanese market, Kobelion compressors are well known for their high reliability.
