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Latest Update : Nov.21, 2016
Back to Financial Results (FY3/2017)
Investor Meeting Presentation for 2Q FY 3/2017 held on November 2, 2016
We are building our first factory in India and will celebrate its official opening on December 6. It's located in Bengaluru, which was formerly known as Bangalore. We were looking to set up shop there since a company that has been providing Sartorius MT&H with engineering services is also based there. We won't be building our own facility but instead renting a building. We plan to move MITSUMI's antenna operations there and make it a place where we can learn how India does business. As India achieves further economic growth and its market develops, ball bearings and other various products will expand into the market. For now our primary purpose is to carefully study the Indian market.
29page (total 37pages)
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