The $24 billion Japanese instrumentation technology company will focus on customer training and facilitate analytical method development for its clients through the centre. It has not disclosed the investment made in the centre.
The company has about 30 per cent share in the Rs 500-crore (Rs 5 billion) analytical instruments market in the country.
"Analytical instruments market in the country is growing at 15 per cent annually. We expect substantial growth in our share in the market, which will be above the industry growth, in the coming years," said Shigenori Nada, managing director, Shimadzu Analytical (India), the wholly owned subsidiary of Shimadzu Japan.
At present, the company is a forerunner in technology in the field of analytical and scientific instrumentation, diagnostic medical imaging, aircraft instrumentation, process control instrumentation, environmental monitoring and biotechnology.
Sources said the company was likely to make more investments in the country in terms of market expansion.
In India, Shimadzu caters to pharmaceutical, chemical, polymer, rubber, steel, foundry, and many such industries wherever there is need for a chemical analysis.The company had an annual sales turnover of Rs 150 crore (Rs 1.5 billion) last year.
Shimadzu's wholly owned subsidiary was established in India, with an initial investment of Yen 100 million. It is planning to increase its headcount from 20 to 40 within a year. Besides overseeing the activities of the customer support centre, it will also provide the marketing support to its distributors.
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