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Feb 7, 2008

Mitsubishi ties up with Coimbatore's Craftsman


Industrial machinery maker Mitsubishi Corporation today said it has tied up with Coimbatore's Craftsman Automation to jointly sell Japanese firm's equipment in India.The new company, MC Craftsman Machinery, would deal in sales and service industrial machinery like Mitsubishi Electrical Discharge Machine (EDM) and Mitsubishi CO2 Laser Cutting Machine (Laser), manufactured by Mitsubishi Electric Corporation.The joint venture company would be located in Coimbatore, Tamil Nadu with branch offices in Chennai, Pune and New Delhi to support customers, Mitsubishi said in a statement.

"India is growing in its manufacturing development and the market size is expected to multiply many-fold in the coming years. To address this market for sales, service, spares and application support, we decided to set up a strong professional system-oriented organisation with talented and trained manpower," MC Craftsman Machinery Managing Director Yoji Taguchi said in the statement.Mitsubishi Corporation is Japan's largest general trading company with operations in nearly 80 countries globally.

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