Shriram Pistons & Rings Limited: Shriram Pistons to acquire 75% stake in Takahata Precision through SPR Engenious, ET Auto

Aug 24, 2023

Takahata Precision Co. Ltd., Japan (Takahata Japan) is a leading precision injection moulded parts manufacturing company with a wide range of products in the automotive space. Takahata Japan is also present in industrial products and parts such as office automation equipment, optical equipment, residential facilities, medical equipment, and accurate measuring instruments.

Demand for robots appears to have slackened near the end of the year, though, raising questions about how strong 2023 will be in the face of shifting household consumption patterns and the rising interest rates engineered by central bankers to bring high inflation under control.

Also Read: North American companies notch another record year for robot orders
Demand for robots appears to have slackened near the end of the year, though, raising questions about how strong 2023 will be in the face of shifting household consumption patterns and the rising interest rates engineered by central bankers to bring high inflation under control.
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