"Browse 203 market data Tables and 51 Figures spread through 212 Pages and in-depth TOC on "Extruders Market""Extruders Market by Extruder Type (Single-Screw, Twin-Screw, Ram), End-use Industry (Building & Construction,
Chennai (Tamil Nadu) [India], November 25 (ANI/NewsVoir): The Chennai based Shibaura Machine India Private Limited (SMI) is a subsidiary of Japan's Shibaura Machine, the leading manufacturer of high-precision injection moulding machine in the world, has announced its plans to invest Rs.225 crore in India primarily to expand its manufacturing capacity in Chennai, India. SMI has a world class facility in Chembarambakkam, Chennai that manufactures about 1200 Injection Moulding Machines a year and its Auxiliary equipment. The machines find their applications in automotive, electrical, household & furniture, material handling, medical, packaging, preforms, PVC, toys, writing instruments, and other industries. The company has a growing customer base in India and over 45 countries in North America, the Middle East, East & West Africa, and the SAARC region. With the new investment plan, the manufacturing capacity of SMI will be increased to 3200 machines a year in a phased manner.
Shibaura Machine Co. Ltd. and Nissei ASB Machine Co. Ltd. are joining forces to build and sell injection molding machines in emerging markets, starting with India.
Tokyo-based Shinsei Bank Ltd. has asked shareholders to approve on Thursday its plan to use a poison pill defense against a proposed stake increase by SBI Holdings Inc.