New Delhi, NFAPost: Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL), is developing a world class Greenfield Smart City near Gurugram, Haryana.
MET City is a Japan Industrial Township (JIT) and houses 4 leading Japanese companies in its integrated industrial township. Nihon Kohden, one of the 4 Japanese companies and manufacturer of medical devices, recently did a ground-breaking ceremony on their plot at MET City.
This facility of Nihon Kohden will be their largest manufacturing facility in India, and it will further enhance the position of MET City as a leading location for setting up companies in Haryana and North India. Panasonic, Denso and T-Suzuki are other Japanese companies in MET City.
On the occasion of this ground-breaking ceremony, MET City CEO and WTD S V Goyal said MET City is very happy to have the facility of Nihon Kohden starting construction at MET City.
“With 400+ industrial customers, walk-to-work masterplan and world-class infrastructure, MET City today is one of the fastest growing Greenfield Smart City in North India. Being a Japan Industrial Township, we are very happy to have more Japanese companies coming to us and selecting MET City as their partner in India. The plug-n-play infrastructure of MET City is an added advantage for any company coming to us for their requirement,” said MET City CEO and WTD S V Goyal.
MET City Vice President & Head Business Development Vaibhav Mittal said MET City feels immense proud in having this world class facility from Nihon Kohden being set up at MET City.
“As we grow, we continue to strive to get more and more Japanese companies to MET City and make it one of the most sought-after business cities of North India,” said MET City Vice President & Head Business Development Vaibhav Mittal.
Nihon Kohden India Pvt. Ltd. Managing Director Kentaro Kusano said Nihon Kohden India is very pleased to announce the opening of its new haematology analyser reagent factory.
“This 8,900 square-meter factory will be built on 16,135 square meters of land at Model Economic Township (MET City) in Jhajjar district of Haryana which will be almost four times bigger than our current factory in Gujarat. This facility marks an important milestone for our commitment to growing our business in India and positions Nihon Kohden well to achieve our vision for India – to be a trusted partner and provider to improve healthcare in the country,” said Nihon Kohden India Pvt. Ltd. Managing Director Kentaro Kusano.
Nihon Kohden India Pvt. Ltd. Chief Operating Officer Anil Srivastava said with the opening of this new manufacturing unit, the company’s focus continues to be providing the latest Japanese technologies and quality products in Indian market.
“This facility will allow us to further expand our manufacturing capabilities and meet the growing local needs of haematology reagents. This step is building on Nihon Kohden’s long-term commitment to the Indian market. We would like to express thanks our customers for their encouragement and overwhelming support to Nihon Kohden India in the journey so far. India is one of the most important markets for Nihon Kohden Corporation, Japan,” said Nihon Kohden India Pvt. Ltd. Chief Operating Officer Anil Srivastava.
Nihon Kohden India Pvt. Ltd. Chief Finance Officer Sameer Sehgal said there is a growing demand in the in-vitro diagnostic industry created by the expansion of the healthcare market in India.
“By adding another manufacturing plant, we expect to increase our production capacity multi-folds and drive ongoing commitment to support our existing and new customers and serve them better,” said Nihon Kohden India Pvt. Ltd. Chief Finance Officer Sameer Sehgal.
About Reliance Industries Limited
Reliance is India’s largest private sector company, with a consolidated revenue of INR 792,756 crore ($104.6 billion), cash profit of INR 110,778 crore ($14.6 billion), and net profit of INR 67,845 crore ($9.0 billion) for the year ended March 31, 2022. Reliance’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), financial services, retail and digital services.
Currently ranking 104th, Reliance is the largest private sector company from India to feature in Fortune’s Global 500 list of “World’s Largest Companies” for 2022. The company stands 53rd in the Forbes Global 2000 rankings of “World’s Largest Public Companies” for 2022 – top-most among Indian companies. Reliance has been ranked among the world’s 20 best companies to work with, highest amongst Indian companies in Forbes’ World’s Best Employers for 2022. It features among LinkedIn’s ‘The Best Companies to Work For in India’ (2021). Website: www.ril.com
About Model Economic Township Limited (METL)
MET City (METL) is a 100% subsidiary of Reliance Industries Limited, which is developing a world class Greenfield Smart City on over 8,000 acres’ land in the district of Jhajjar near Gurugram in the state of Haryana. More than 400 companies including some of the best national and international corporates have set up their bases in MET City due to world – class plug-n-play infrastructure at the township and its strategic location with excellent connectivity to the NCR region.
The project has already seen completion of trunk infrastructure comprising of power infrastructure including 220 KV substation developed by MET City, Water treatment plant, water distribution network, wide road network and extensive landscaping. It is already adding lot of momentum to the economic development of state and region with more than 25000 people currently employed in the 22 operational and 42 under construction companies. Website: www.modeleconomictownship.com
About Nihon Kohden Corporation
Founded in Japan in 1951, Nihon Kohden is a leading manufacturer, developer, and distributor of medical electronic equipment, with subsidiaries in the U.S., Europe, Asia, and Latin America. The company’s products are now used in more than 120 countries, and it is the largest supplier of electroencephalography products worldwide.
A pioneer in transformational healthcare technology, Nihon Kohden has envisioned, designed, and produced revolutionary devices, such as pulse oximeters, arrhythmia analysis, low-invasive blood volume monitoring and wireless patient monitoring. For more information, visit: www.nihonkohden.com
About Nihon Kohden India
Nihon Kohden India (NKI) is a 100% Indian subsidiary of Nihon Kohden Corporation. The company was established in 2011 with the aim of enhancing its sales and services in India. Since then, NKI has continued to expand its operations to become one of the country’s leading providers of advanced medical technology. The company provides high-quality patient monitors, biphasic defibrillators, AEDs, ventilators, electrocardiographs, electroencephalographs, evoked EMG instruments, and haematology analysers. It also has an indigenous reagent manufacturing facility in Surat, Gujarat. For more information, visit: in.nihonkohden.com
