Kobelco Cranes India Pvt. Ltd (KCI), a part of Kobelco Cranes Co., Ltd (KCL), Japan, has commenced production at its hydraulic crane manufacturing plant at Sri City, Tada, Andhra Pradesh. The plant would produce 90 units comprising 100-tonne, 150 tonne, and 250-tonne class cranes during the current year.
Addressing a press conference here on Thursday, Shinsuke “Dean” Izumi, President and Director, KCI, said the capacity of the new plant was 100 units per annum. He said the Indian plant would soon cater to the neighbouring countries. The company was hoping to garner a market share of more than 20 per cent by 2015. The cranes would have a price range of Rs.2.50-10 crore.
