KTR broke ground for new factories of Daifuku and Nicomac Taikisha in Chandanvelly

Industries Minister KT Rama Rao broke ground for new factories of Daifuku Intralogistics India Pvt. Ltd. and Nicomac Taikisha Clean Rooms Pvt. Ltd. in Chandanvelly. Daifuku is the world’s leading provider of automated material handling technology and solutions. Taikisha Ltd, a 110-year-old Japan based Engineering Company, is a pioneer in setting up cleanrooms and HVAC for Electronic Devices, Lithium-Ion Battery Manufacturing, and Food Industry.

Speaking at the ground-breaking ceremony, KTR praised the rapid development of Japan and its culture as an inspiration for Telangana’s future. The Minister highlighted Japan’s remarkable resilience and emergence as a formidable economic power, even in the face of limited natural resources, numerous challenges imposed by nature, and the enduring impact of a nuclear attack.

Thanking the management of Daifuku, Taikisha for choosing Telangana over other options, the Minister stated that the two companies would invest Rs. 575 Crore and generate 1600-2000 direct jobs, along with at least 4000 indirect jobs, prioritizing hiring local candidates for these positions.

The Industries Minister expressed his delight as Daifuku adopted ITI in Vikarabad, ensuring training and opportunities for the youth. He highlighted the potential for Chandanvelly region to become the crucial industrial cluster in Telangana.

Emphasizing the importance of learning from Japan’s successful product development and their ability to create a world-class impression through their commitment to quality, the Minister expressed confidence in the potential of Daifuku and Nicomac Taikisha to become leaders in their respective fields in India. KTR extended an invitation to establish a Japanese cluster in Telangana.