Joint Venture of Super Screws and Mitsuchi Corporation Japan to Enhance Engineering Capabilities and Market Reach
Super Screws Pvt Ltd has signed a memorandum of understanding (MoU) with Mitsuchi Corporation of Japan to form a joint venture dedicated to manufacturing and selling specialized cold forged parts in India and for global exports. This significant collaboration is set to boost engineering capabilities and expand market reach for both companies.
Establishment of a State-of-the-Art Manufacturing Facility in India
The joint venture will set up a cutting-edge manufacturing plant in India, focusing on producing and distributing high-quality cold forged parts for both the domestic and international markets. SK Kapoor, Chairman of Super Screws Pvt Ltd, expressed his enthusiasm for the partnership, stating, “Super Screws has been in continuous pursuit of new and advanced technologies. We are extremely delighted to partner with Mitsuchi to enhance our engineering expertise and technologies to accelerate localization and manufacturing of cold forged parts for the Indian market and global exports.”
Leveraging Combined Strengths for Success in the Automotive Sector
Samrat Kapoor, Whole Time Director of Super Screws Pvt Ltd, also shared his excitement, highlighting the potential of the joint venture in one of the world’s largest automotive markets. “We are delighted to partner with Mitsuchi, a leading player in cold forged fasteners in Japan, to foray into the Indian automotive market. Our combined strengths—Super Screws’ expertise in value-focused engineering, manufacturing processes, and customer connections, along with Mitsuchi’s technical expertise, global experience, and access to future technology—form a potent recipe for success in growing in India.”
The collaboration aims to leverage Mitsuchi’s advanced technology and global experience with Super Screws’ robust engineering and manufacturing capabilities, thereby creating a powerful synergy that promises to deliver high-quality cold-forged parts to meet the increasing demand in the automotive and industrial sectors.