Japanese company Horiba with an aim to supply critical equipments to 30,00 diagnostic labs across India, has opened a medical equipment and consumable manufacturing unit in Butibori, Nagpur.
Horiba, the $2.5 billion Japanese analytical and measurement solutions company, has set up a plans to set up a new unit in India. This facility will serve the country’s upcoming semiconductor fabrication (fab) plants, outsourced semiconductor assembly and test (OSAT) providers, and modified assembly, testing, marking, and packaging (ATMP) players. The unit will also cater to a growing global market.
Atsushi Horiba, chairman and group CEO, announces that the company intends to manufacture mass flow controllers (MFCs) in India. MFCs are crucial for chip-making processes like wafer cleaning and chemical vapor deposition. Horiba currently controls 60 percent of the global MFC market. The new unit in Nagpur will match the scale of Horiba’s Kumamoto plant in Japan and will develop a local supply chain.
Horiba’s business model involves selling MFCs to major fab equipment manufacturers such as Applied Materials and Tokyo Electron. Jai Hakhu, director at Horiba, explains that MFCs are essential for reliable semiconductor production, as failures can result in daily losses exceeding $1 billion.
In addition to semiconductors, Horiba focuses on high-end Raman spectroscopy and health care. The company recently announces a Rs 200 crore investment to establish a medical equipment and consumables unit in Nagpur, aiming for 50 percent localization to participate in government tenders.
