Driving Global Growth by Establishing a New Strategic Business Hub in India

Opening the Sixth Asian Base in New Delhi to Launch a Local Subsidiary by 2025

To realize our medium-to-long-term vision of "Promoting Global Strategy," Shibuya established a new sales office in New Delhi, India, which commenced operations in August 2024. This marks our sixth base in the Asian region, following China, Taiwan, Thailand, Malaysia, and Indonesia. In India—a country maintaining a high economic growth rate of approximately 7% with a rapidly expanding middle class—we are strengthening local marketing and customer development. With the goal of establishing a full local subsidiary by June 2025, we are solidifying our foundation in this vital strategic market.

Expanding Opportunities across All Business Sectors from Beverage and Pharma to Semiconductors

Shibuya already holds a strong track record in India, with approximately 2,000 units of our medical devices shipped annually. Driven by recent lifestyle changes, demand for our flagship "Aseptic Filling Systems" for PET bottled beverages is surging. Furthermore, backed by national manufacturing promotion policies, inquiries for semiconductor manufacturing equipment are also increasing. By creating synergies with our human resource collaboration with "NITTE University," we will deepen cooperation across our group companies to establish ourselves as a leading company supporting essential products worldwide.