Hitachi-Omron Terminal Solutions, Corp. (‘Hitachi-Omron Terminal Solutions') has established Hitachi Terminal Solutions India Private Limited ("Hitachi Terminal Solutions India") in India (Bangalore City) as an ATM manufacturing company, and will commence production in June 2016. The new company, which was set up with a capital of 1 billion INR, will produce 1,500 units of ATM per month at the end of FY 2016.
Aimed at strengthening the ATM business in India, Hitachi Terminal Solutions India will allow Hitachi-Omron Terminal Solutions to promptly accommodate the needs of the market, strengthen the cost competitiveness, shorten the production lead time from order entry to shipment and expand the business of Cash Recycling ATMs. Moreover, the operations of the manufacturing company will contribute to job creation and economic development in India. This initiative by Hitachi is aligned to the government's 'Make in India' program.
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