Kai Group, a company from Japan that produces personal care items and kitchen appliances, announced plans to spend 300 million yen (approximately Rs 17.17 crore) to increase the production capacity of its factory in Neemrana, Rajasthan. According to a statement from Kai India's local subsidiary, this new investment aims to boost the production capacity of women's razors by more than 5 million units annually.
"The group is planning an additional investment, allocated around 300 million yen, reflecting KAI group's commitment to bolstering its manufacturing infrastructure," it said.
The company anticipates that the expansion will be finished in five months, with the upgraded production capacity ready by December 2024. This growth supports Kai India's 'make in India' campaign, enhancing domestic production to meet growing demands from local and global markets.
Kai India Managing Director Rajesh U Pandya said: "Our enhanced manufacturing capacity is a testament to our commitment providing high-quality products to our valued customers. We are deeply grateful to our local and international customers for their trust and support."
Market demand and growth trends for these products show a "strong increase" due to increasing consumer awareness and the growing importance of personal grooming.
"The expanded production capacity will enable Kai India to meet this surging demand efficiently and maintain its competitive edge in the market," it added.