Yanmar is investing in India, with the announcement it is to build a new engine manufacturing facility for industrial vehicles. Based in the Origins park in north Chennai, the firm expects the plant to begin producing its first diesel engines from next year.
Yanmar Engine Manufacturing India project head Hajime Hirai said, “With today’s announcement of this, our first manufacturing facility in India, Yanmar has taken its investment in the country to the next level and demonstrated our long-term commitment to the sub-continent.
“We expect that this plant will fuel Yanmar’s future growth and directly contribute up to 400 quality jobs to the community.”
The choice of site reflects the high skill levels of the Chennai workforce, a developed component supply chain and robust infrastructure including port and rail facilities.
Once the building project is completed in 2020, Yanmar expects that the annual production capacity at the new facility will reach 80,000 units.
Yanmar engine manufacturing director Varun Khanna said “This new facility will manufacture high quality engines utilizing the latest Japanese production technologies. These quality engines will allow us meet the growing demand of Indian and overseas markets.”