Komori formalises its India subsidiary

In a move to strengthen its footprints in India, Japanese giant Komori Corporation has established an Indian subsidiary, Komori India. A formal announcement was made on 20 April 2018. Earlier, the company was operating in India through its sole distributor Insight Group. Recently, Komori acquired Insight’s Komori division. Komori India will be a joint venture between Komori Corporation and Insight Group with Komori holding the majority stake.

20 Apr 2018 | By Rahul Kumar

Komori India will continue to retain all the employees of Insight in its new team. Accordingly, Sangam Khanna will be the deputy managing director, marketing and sales for Komori India and Ajay Agarwal will serve as director, admin and finance.

Komori is already a market leader in India through Insight, with a market share of over 40%. According to Sangam Khanna, Komori has an installation base of 337 machines.  

With the new company, Komori plans to strengthen and scale its operations even further in India and subcontinent. In a bid to have a strategic hold in the Indian market, the company will be introducing customised printing presses suitable for Indian market.

Komori is also amongst the top two companies worldwide, who is involved with currency printing for many countries including Indian Rupee and is undisputedly amongst the world’s largest companies manufacturing offset presses for various applications of commercial printing like brochures, calendars, books, high-quality magazine publications and packaging printing like cosmetic boxes, liquor boxes, pharma boxes, etc. It has 70% market share in Japan.

“With the launch of India office, Komori aims to strengthen and enhance Komori’s presence in India and nearby countries. We are excited to start our India operations. With the India footprint, we’ll be able to provide the world-class quality and strong support to aid the Indian market,” said Hirofumi Hoshino, managing director, Komori.