Tohoku Steel’s production unit goes on stream in Sri City

Sri City, July 19, 2019:- Tohoku Steel India (TSI) Private Ltd, a wholly owned unit of Tohoku Steel Co., Ltd., Japan, inaugurated its newly commissioned state-of-the-art heat resistant steel rods manufacturing facility in Sri City on Friday. Mr. Hiroki Yamada, Managing Director along with Shinji Naruse, President, Tohoku Steel Co., and Mr. Tsukasa Nishimura, Vice President, Daido Steel administered the ceremony and declared the unit inaugurated, in the presence of a host of dignitaries from Tohoku’s customer companies and Sri City Units. On behalf of Sri City Mr. Ramesh Kumar, Vice President (Customer Relations) greeted Mr. Yamada.

Stating that they took a conscious decision for locating their unit in Sri City for various advantages, Mr. Hiroki Yamada said,”We have been supporting the Indian market during the past four decades by exporting the products from Japan. In order to increase competitiveness in the expanding Indian market, we have set up this plant, and we will expand activities to improve productivity, upgrade facilities, and acquire new orders.”

Commenting on the commissioning of Tohoku plant Mr. Ravindra Sannareddy, Founder Managing Director, Sri City said, “Inauguration of Tohoku’s very first Indian production unit in Sri City marks a significant milestone in the saga of their development, and upholds their determination to be the leaders of Indian market too.”

“We have a very high share of hosting manufacturing units in automobile sector, and we are immensely happy as yet another company goes on-stream in this sector. As this region is growing as a hub for such industries, we are sure, presence of Tohoku, who are the global leaders in producing steel rods for automobile application, will certainly enhance the symbiotic ecosystem in Sri City, benefiting the OEMs and other component manufacturers located in and around Sri City,” he added.

The plant was built in a 6 acre plot in the Domestic Tariff Zone (DTZ) at an initial investment of around Rs.80 crores. The plant carries out secondary processing on heat resistant steel rods and soft magnetic stainless steel rods, and produces rods in required sizes, as per the customers specifications. The present production capacity of the plant is 360 Ton/annum, and this may increase up to 2000 Ton/annum, in a phased manner. Those rods are used as raw material for fabricating automobile engine valves and fuel injection systems. The highly automated plant employs for about 50 persons. The important customers include Nittan India, Rane engine valve, Durovalves, Shiriram Pistons & Rings, etc.,

Tohoku Steel Co., Ltd., which was founded in 1937 in Murata, Japan is principally engaged in the manufacture and sale of specialty steel. It is a well-known brand in producing steel rods/bars required for making Automobile Engine Valves, all over the world. Through innovative and sophisticated technological developments, Tohoku Steel has been able to develop and manufacture critical grades of alloy, and emerged as a leading brand, exporting steel alloy all over the world.