Now Reading: Japan’s Orion Machinery sets up India vacuum pump JV
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Japan’s Orion Machinery sets up India vacuum pump JV
Japanese industrial machine maker Orion Machinery will form a joint venture with Indian dealer Kumark Vacuum Systems this month to manufacture and sell vacuum pumps in India. The venture, announced by CEO…
Japanese industrial machine maker Orion Machinery will form a joint venture with Indian dealer Kumark Vacuum Systems this month to manufacture and sell vacuum pumps in India. The venture, announced by CEO Tomomi Katagiri, aims to tap growing demand from India's semiconductor and pharmaceutical sectors.
Kumark Vacuum Systems director Kiran Kumar Kumar sealed the deal with Katagiri in Nagano, Japan. The partnership will combine Orion's manufacturing expertise with Kumark's local market knowledge to produce pumps for industrial applications.
Indian Opinion Analysis
This joint venture reflects the broader push by Japanese firms to diversify supply chains into India, especially for critical components like vacuum pumps used in chip fabrication. India's semiconductor push, with three fabrication plants approved so far, creates a ready market. Orion competes with established players like Edwards and Ebara in a segment where reliability is paramount. The next signal to watch is the venture's production capacity and whether it qualifies for India's production-linked incentive scheme for electronics manufacturing.
Source: asia.nikkei.com
This story was synthesised by AI from the source linked above.
