NHK Springs India Ltd, the Indian subsidiary of NHK Japan, is investing Rs 300 crore to setup a unit to manufacture coil springs and stabilizer bars for automotive industry. These auto components are used in passenger cars and utility vehicles.
NHK plant coming up in a 18 acre plot at Sri City SEZ near Tada in Nellore district is expected to generate employment for 400 people when fully operational. NHK india has another plant at Manesar in Haryana, which was started in 1996. NHK Japan is present in 11 countries with 26 companies.