Mumbai/Bengaluru- Hitachi Terminal Solutions India has announced Cash Recycling Machines (CRM) manufacturing facility in Bengaluru. This CRM manufacturing facility will be one of the largest facilities for Hitachi worldwide. It is another step towards an expansive vision to build and strengthen a full-fledged Hitachi Campus in India. This will help India to become self-reliant, and make it the Global supply hub for the world.
About the factory:
Spread over 1,08,000 square feet, this state-of-the-art manufacturing facility will enable the company to triple its current production capacity of 1,000 CRMs per month. The company also plans to employ more than 400 people in the future.
Hitachi’s facility is a testament to the government’s vision of transforming India as a manufacturing hub for the rest of the world. Moreover, the core engine of the CRMs (Cash Modules) are localised. It will now be completely assembled in India with high level of automation in this new facility. Hitachi is the global leader in cash recycling and automation technology and has been pioneering this technology in India.
Yoshihiro Nakatani, Managing Director, Hitachi Terminal Solutions India Private Limited said, “We have built a state-of-the art facility, with an aim to offer highly secure, lowest carbon footprint and technologically advanced CRMs to our customers. Hitachi Terminal Solutions India has delivered high-end cash recycling machines that meet the needs of customers in a timely manner.”
Bharat Kaushal, Managing Director, Hitachi India said, “India continues to remain the melting pot of innovation and growth in Asia. Hitachi through its varied business presence has multiple manufacturing facilities across the length and breadth of India.”
The factory has been strategically located in Bengaluru and is the perfect choice for this investment for the company. Hitachi Terminal Solutions India is bringing its global best practices and advanced manufacturing technologies in this facility. Further, enabling the company to augment the plant’s capacity to address potential changes in future demand.
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