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Kyocera Corporation has announced operation of its first manufacturing plant in Jamshedpur, Jharkhand. With this, the establishment of Kyocera CTC Precision Tools is intended to strengthen the company's cutting tools business in the Indian market, where demand for industrial cutting tools is growing rapidly, according to the company.
Kyocera currently has sales offices in four cities of Gurgaon, Chennai, Bengaluru (Bangalore) and Pune while a technical centre was started at Gurgaon in 2012 to support the needs of local customers by providing a support system. With the start of manufacturing at the new plant, Kyocera has established a three-pillared structure along with sales and technical support; aiming to expand sales of cutting tools in India.
Kyocera CTC Precision Tools Private Limited is a manufacturing company jointly established by Kyocera Asia Pacific Private Limited, Kyocera Corporation's wholly-owned subsidiary dedicated to sales in the Asia-Pacific region, and CTC (India) Private Limited, an industrial cutting tool manufacturer focusing on the manufacture of micro drills for printed circuit boards and hole-making tools called Micro Industrial Tools.