Karnataka Home Minister G. Parameshwara unveiled the new facility at the Peenya industrial estate in the presence of Minebea Chief Executive Yoshihisa Kainuma and its Marketing President Peter Grimley.
#Japanese miniature ball bearing maker @MinebeaIntec opens new facility in #B'luru India pic.twitter.com/z4MszFJFCw
— Press Release Watch (@PrReleaseWatch) December 7, 2016
Globally Minebea currently employs approximately 70,000 employees.Presently it has 150 employees in India.The company has so far invested Euro1 million in India.“With our new location we have also moved closer to our vendors enabling more frequent quality inspections and a better logistics,” said Mohan Bhat, Minebea Intec Managing Director in India.