India Machinery

Japanese robotics firm Fuji launches Indian arm to beef up sales

10, Jan. 2020

Photo by Magnus Engø on Unsplash
Photo by Magnus Engø on Unsplash

NEW DELHI, NNA - Japanese robotics and machine tool maker Fuji Corp. has launched a subsidiary in India to beef up sales in the country's growing market of electronic parts-mounting robots.

Fuji established Fuji India Corp. last December with capital of 31 million rupees ($435,000) in Gurugram in the northern state of Haryana, with Fuji holding a 99 percent stake and its subsidiary, Adtek Fuji Co., the remainder, according to a Fuji statement.

Fuji India will start operating in March to support local sales agents and provide after-sale service for its electronic component-mounting robots. Its main customers will be major Chinese and South Korean producers of smartphones and other telecommunication devices in India as well as local companies, a Fuji spokesman told NNA.

The Chiryu, Aichi Prefecture-based company's sales of such mounters in India marked a fivefold increase in 2018 from 2017 while the local market for the product expanded to 15 billion yen ($137 million) in 2018, the spokesman said.

Sales of Fuji's robotics solution business in the April-September first half of fiscal 2019 totaled 65 billion yen, with those in the Asian region excluding Japan and China accounting for 22 percent, according to a summary of its financial results. (NNA/Kyodo)