Global giant HORIBA Group of Japan launches in Sri Lanka
HORIBA India to drive local expansion effort
The HORIBA Group of Japan, a leading company that provides analytical and measurement systems throughout the world, has entered the Sri Lankan market through the company’s regional office HORIBA India Private Limited, situated in New Delhi. The ceremony to announce the launch was held recently at The Hilton, Colombo.
With the launch HORIBA in Sri Lanka the company now ventures into the expanding local market with offerings in world-class Automotive Test Systems, Medical Equipment, Process & Environment Equipment, Scientific Instruments & Semiconductors. HORIBA’s expansion in Sri Lanka will be driven by a strong distributor network and a highly-experienced team. Distributors of HORIBA for respective products were introduced to the market on this platform.
Headquartered at Kyoto, Japan, the HORIBA Group was established in 1953 and is listed at the Tokyo Stock Exchange. Over the years, the company has built a solid reputation in the global market, especially in the fields of automotive emissions and stack-gas measurement, air pollution, water pollution monitoring, quality control in various industries and Medical diagnostics, achieving dramatic growth over the past few years. Globally, HORIBA commands 80% market share of Emission Measurement Systems, 60% in Mass Flow Controllers, both of which are the flagship products of the company. The company employs over 7,000 individuals across the globe and is founded on the philosophy of “Omoshiro Okashiku” (Joy and Fun precept),which is put it into practice in all offices on a daily basis.
HORIBA India Private Limited commenced operations in 2006 and currently has 7 regional offices in Delhi, Pune, Bangalore, Chennai, Kochi, Mumbai and Haridwar. HORIBA India has been growing steadily with an average growth rate of about 20% every year and currently has a workforce of around 400 employees.
Addressing the audience at the event, Dr. Rajeev Gautam – President of HORIBA India stated, “Since last year, Sri Lanka, Bangladesh, Maldives and Nepal have been handed over to HORIBA India. We understand the culture, attitudes, languages and situations in this region and also logistically it makes more sense for the company to bring these operations under HORIBA India. Sri Lanka has shown significant progress in human development index and medical scientific activities especially during the past 10 years but still there are a lot of possibilities to grow even further. HORIBA is a Japanese company and we are down-to-earth and humble. We are open to know the ground realities of the country so we want to receive your feedback and want to listen to you on how we can grow.”
HORIBA is looking very positively at this growth driven market and wants to stay close and connected to the customers.