With established manufacturing capabilities and growing investments in advanced R&D and technology development, India is emerging as an increasingly important base for HORIBA

New Delhi, September 15, 2026: HORIBA India, a wholly owned subsidiary of HORIBA, Ltd., Japan, marks
20 years of operations in the country, signifying its transformation from a sales and service organisation
into a manufacturing, advanced R&D, and innovation base. Established in 2006, the company today
operates across Energy & Environment, Bio & Healthcare, and Materials & Semiconductor, with
capabilities spanning manufacturing, testing, calibration, technology development and customer
support for India and the wider SAARC region.

Over the past two decades, HORIBA has established a strong and growing presence in India, with
manufacturing facilities in Pune, Nagpur and Haridwar, operations across eight locations and a
workforce of more than 600 employees. Building on this established foundation, the next phase of
growth will focus on strengthening HORIBA India’s R&D capabilities and positioning India as a strategic
hub for innovation within the Group. The India business has delivered average annual growth of over
15% and is targeting revenue of JPY 20 billion by 2028, reflecting its confidence in India’s long term
growth potential and its expanding role in HORIBA’s global business.

From Manufacturing to Innovation

A key part of this journey has been the development of local manufacturing and engineering
capabilities, starting with hematology reagent production in Haridwar in 2013 and expanded through its
Pune and Nagpur facilities. Today these capabilities span healthcare, automotive testing, environmental
solutions and semiconductor technologies including Mass Flow Controller (MFC) manufacturing in Pune
since 2024.

Moving beyond the ‘Make in India’ paradigm, HORIBA India’s next phase is focused on ‘Develop in India’
and ‘Innovate in India’. This ambition is supported by Technical Centers in collaboration with IIT Delhi
and IISc Bengaluru, along with the HORIBA India Technical Institute (HITI) and Experience Zone in
Nagpur. These platforms bring together industry, academia and technical expertise to advance
technology development, application engineering and capability building, while enabling Indian teams to
contribute to HORIBA’s global innovation ecosystem.

In January 2026, HORIBA completed the acquisition of Pristine Deeptech, a lab grown diamond R&D
company, marking the HORIBA Group’s first acquisition in India. The acquisition further strengthens
HORIBA’s capabilities in advanced materials for emerging applications such as semiconductors and
quantum technologies, while creating a stronger foundation for innovation in India. As part of HORIBA
India, Pristine Deeptech will contribute to the company’s ambition to develop new technologies,
products and businesses from India for global markets, positioning India as an increasingly important
hub within HORIBA’s global innovation landscape.

Commenting on the milestone, Mr. Dan Horiba, Executive Director, HORIBA Ltd., Japan, said, “India
has grown from a market for our technology into a base where it is manufactured, adapted, and
increasingly developed. Twenty years in, our commitment to this market remains as strong as ever, and
we see India playing an even larger role in HORIBA’s global growth in the years ahead.”

Mr. Hideyuki Koishi, Executive Corporate Officer, HORIBA Ltd., Japan, Chairman, HORIBA India, said,
“Our journey in India reflects a steady progression, from sales and service, to manufacturing, to
technology development. As we mark 20 years, our focus is on expanding R&D and innovation
capabilities locally, so that India contributes not just to its own market but to HORIBA’s global
technology roadmap.”

Dr. Rajeev Gautam, President, HORIBA India, said, “Twenty years is a significant milestone, but we see
it as a foundation rather than a destination. With manufacturing capacity in place across Pune, Nagpur
and Haridwar, and growing collaborations with institutions like IIT Delhi, University of Delhi and IISc
Bengaluru, HORIBA India is well positioned to lead in areas from clean mobility and water to
semiconductor process control.”

As HORIBA India enters its next phase of growth, the company is focused on deepening its local R&D
capabilities, advancing its manufacturing footprint and strengthening collaborations across industry,
academia and the wider innovation ecosystem. The ambition is to go beyond participating in India’s
growth story and play an active role in shaping it by contributing to the development of new
technologies, solutions and markets.

About HORIBA

Founded in 1953, HORIBA has explored a wide range of unique measurement and analysis technologies to meet
global customer needs from group companies and local sites spread across 29 counties and regions. Under the
corporate motto Joy and Fun, the company has expanded and refined its core technologies to solve society’s
energy issues of today and tomorrow. Our unique measurement and analysis technologies are valued in various
fields of society including the three megatrend business fields of Energy & Environment, Biology & Healthcare and
Materials & Semiconductor. For more information on HORIBA, visit https://www.horiba.com/int/company/about-horiba/home/

About HORIBA India

Established in 1953, with more than 70 years of experience, HORIBA develops unique measurement and analysis
technologies to meet customers’ evolving needs worldwide. Through group companies and local sites across 29
countries and regions, we support a wide range of industries and applications that address global societal
challenges. 

Guided by our corporate vision, “Joy and Fun for All,” HORIBA contributes to a safe, secure, and sustainable society
where all life can thrive. We deliver comprehensive solutions that extend beyond measurement and analysis
across three megatrend-driven business fields: Energy & Environment, Bio & Healthcare, and Materials &
Semiconductor.