Kai Group Invests in Indian Manufacturing Expansion
Japanese personal care and kitchen equipment manufacturer, Kai Group, has announced a 300 million yen (approximately Rs 17.17 crore) investment to expand its production capacity at its Neemrana facility in Rajasthan, India. This expansion aligns with the Indian government's "Make in India" initiative, aiming to strengthen local manufacturing and cater to the growing demand from both domestic and international markets.
The investment will specifically focus on increasing the production capacity of women's razors by over 5 million units annually. This expansion is expected to be completed within five months, with the enhanced production capacity operational by the end of December 2024.
"The group is planning an additional investment, allocated around 300 million yen, reflecting KAI group's commitment to bolstering its manufacturing infrastructure," the company stated.
Kai India Managing Director Rajesh U Pandya expressed the company's commitment to providing high-quality products to its customers. "Our enhanced manufacturing capacity is a testament to our commitment providing high-quality products to our valued customers. We are deeply grateful to our local and international customers for their trust and support," he said.
The expansion is driven by the robust increase in market demand and growth trends for these products, fueled by rising consumer awareness and the growing emphasis on personal grooming. "The expanded production capacity will enable Kai India to meet this surging demand efficiently and maintain its competitive edge in the market," the company added.
Kai Group, established over 115 years ago, entered the Indian market in 2016 and has established a manufacturing facility at Neemrana in Rajasthan. This expansion signifies the company's commitment to the Indian market and its vision to cater to the growing demand for its products.