Japan-based firm Shibaura Machine India has inaugurated its second manufacturing unit at Chembarambakkam, near Chennai in Tamil Nadu. The company manufactures injection moulding machines, which are used by companies which manufacture auto components, electrical and household furniture, packaging and medical equipment.

Shibaura has invested Rs 275 crore in the expansion, including Rs 50 crore for land. The expansion project, Unit-2, began in November 2022. With the new unit, Shibaura’s capacity stands raised to 4,000 machines from 1,200 machines earlier.

The company, which was earlier a part of the Toshiba Group, had entered India with its acquisition of 100 percent stake in L&T Plastics Machinery, in 2012. The company then got renamed as Toshiba Machine Chennai. In 2017, Shibaura Machine, Japan, 'became independent of Toshiba'. The name of the parent company changed from Toshiba to Shibaura.

Accordingly, the Indian company was rechristened Shibaura Machine India. The new unit would expand Shibaura’s vendor base from about 150 vendors to 200.