This expansion is in line with Kai India’s ‘Make in India’ initiative, which strengthens local manufacturing and meets the growing demand from local and international markets. | Credit: Company Website
Kai Group, a Japan-based maker of personal care products and kitchen equipment, said it will invest 300 million yen (around Rs 17.17 crore) to expand the production capacity of its manufacturing plant in Neemrana in Rajasthan.
This latest investment aims to increase the production capacity of women’s razors by more than 5 million units per year, according to a statement issued by the group’s local subsidiary, Kai India.
“The group is planning additional investment, earmarked at around 300 million yen, reflecting the KAI Group’s commitment to strengthening its manufacturing infrastructure,” it said.
The expected completion time for this expansion is five months and the company expects the enhanced production capacity to be operational by the end of December 2024.
This expansion is in line with Kai India’s ‘Make in India’ initiative, strengthening local manufacturing and meeting the growing demand from local and international markets.
Rajesh U Pandya, Managing Director, Kai India, said, “Our increased manufacturing capacity is a testament to our commitment to providing high-quality products to our valued customers. We are deeply grateful to our local and international customers for their trust and support.”
Market demand and growth trends for these products indicate a “robust increase” driven by rising consumer awareness and increasing emphasis on personal care.
“The expanded production capacity will enable Kai India to meet this growing demand efficiently and maintain its competitive edge in the market,” he added.
Kai Group, established over 115 years ago, entered the Indian market in 2016 and set up a manufacturing facility at Neemrana in Rajasthan.
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First published: August 10, 2024 | 11:01 PM IS
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