Kobe Steel, Ltd. has established a subsidiary company in India called Kobelco Compressors India Pvt. Ltd. (or KCIN). KCIN has begun full-scale marketing of standard air compressors this month.
Kobe Steel's standard compressor business has large market shares in Japan and ASEAN countries. Kobe Steel anticipates that KCIN will further contribute to growing its share of the world market. In three years, KCIN anticipates cumulative sales of 500 units. In the future, KCIN aims to achieve sales of 1,500 units per year in India.
Standard compressors are mainly used in factories to provide compressed air for powering equipment and machinery, painting, powder conveying and other applications.
This utility equipment is widely used in numerous industries. With a global market scale of US$9 billion (about 1 trillion yen), the Indian compressor market of US$250 million (about 30 billion yen) is anticipated to double in the next several years, according to Kobe Steel projections.
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