THK India embarks on production expansion in Sri City

Sri City, March 5, 2024: THK India Pvt. Ltd., a distinguished producer of linear motion guides and subsidiary of THK CO., Ltd., Japan, has broken ground for an additional plant in Sri City. This expansion aligns with the company’s strategic response to the surging demand both domestically and overseas.

On Tuesday, the groundbreaking ceremony was conducted with great auspice, symbolising the commencement of construction for the new facility. Mr. Akihiro Teramachi, Chairman and CEO of THK Group, presided over the ceremony, marking a significant milestone for the company. Dr. Ravindra Sannareddy, Founder Managing Director, Sri City, Mr. Mimori, Executive Vice President, SMCC HQ, Mr. Shimizu MD, Mr. Watanabe, General Manager, and several other distinguished guests graced the occasion.

Mr. Akihiro Teramachi said, “We are investing in a major expansion to meet the growing demand for our linear motion guides. As part of this development, a new workshop and a centralised delivery centre will be built inside the current Sri City factory premises. The goal of this strategy is to increase output, make operations easier, and eventually make customers happier. The Sri City site has extra benefits; it’s a route for exports to Europe, and it sets THK India up for possible future growth into African markets.

Complimenting THK’s team on achieving a significant milestone, Dr. Ravindra Sannareddy said, “Their hard work and dedication have fuelled this incredible expansion in such a short time, and we are happy as this developer will boost regional economic development and employment creation.

“Over 20% of existing manufacturing units have already undergone plant expansion. Expansions of this kind testify to the business-friendly ecosystem that has already been built in Sri City,” Dr. Sannareddy added.

With an investment of Rs. 300 crore, THK India’s new facility is expected to be operational shortly and would generate over 250 direct and indirect employment opportunities. The existing plant, operational since November 2021, already employs around 400 people and manufactures linear motion guides and high-quality ball screws. Various industries utilise their products, ranging from traditional sectors like machine tools and medical equipment to emerging fields such as electric vehicles, semiconductor manufacturing, renewable energy, and automation.