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