Mahindra Steel Service Centre Ltd (MSSCL), a JV between Mahindra Intertrade Ltd and Metal One Corporation of Japan, inaugurated its first electrical stampings facility at Kanhe, near Pune. This plant, which has been set up at a cost of Rs 50 crore, is Mahindra Intertrade's sixth service centre, the second at Kanhe, near Pune.

The new facility incorporates state-of-the-art technology with equipment sourced from top suppliers across the globe: slitting line from Japan, stamping presses from Japan and Taiwan, stress relieving equipment from USA, and aluminium injection machine from Europe.

Mr Rajeev Dubey, President (Group HR & After-Market) & Member of the Group Executive Board, Mahindra & Mahindra Ltd, Mr Harsh Kumar, Managing Director, Mahindra Steel Service Centre Ltd, and Mr Naoto Matsuoka, President & CEO, Director, Metal One, were present at the event, along with senior Mahindra Group officials."Our new electrical stampings plant at Kanhe is spread across 2,00,000 sq.ft., and is the only facility of its kind in the country, with presence across the complete value chain from steel through stampings. The electrical stampings facility will strengthen Intertrade's position in the Home Appliance space by offering the customer best-in-class service and equipment backed by top grade electrical steel from Nippon Steel, a leading steel manufacturer in Japan," said Mr Harsh Kumar, Managing Director, Mahindra Steel Service Centre Ltd.

"We are delighted to partner with Mahindra Intertrade which is the oldest, largest and best equipped service provider in the electrical steel space in India and was the first company to set up an electrical steel service centre in India for the Home Appliance and Transformer industries," said Mr. Naoto Matsuoka, President & CEO, Director, Metal One.