Home » CHANNEL NEWS » Mitsubishi Electric to Establish New Factory in India

Mitsubishi Electric to Establish New Factory in India

Mitsubishi Electric Corporation has announced that it will invest approximately 2.2 billion Indian rupees, or 3.1 billion yen, in its subsidiary Mitsubishi Electric India to establish a new factory in India. The new facility, which is expected to open in December 2023, will manufacture inverters and other factory automation (FA) control system components, extending the company’s capacity to satisfy growing demand in India. The rapidly increasing Indian market is expanding at an annual pace of around 8 percent, primarily in industries such as automobiles, food and beverage, pharmaceuticals, data centers, and textiles, with more market expansion projected in the future.

Mitsubishi Electric’s FA control systems business in India began in the mid-1990s, and since acquiring a local manufacturer of FA control systems in 2012, the company has strengthened its local business structure by establishing a local engineering team, expanding service and support capabilities, and beginning local product manufacturing in 2013.

The new two-story, 15,400 square-meter plants will be developed on 40,000 square meters of land in Pune, Maharashtra, and will enable Mitsubishi Electric to expand its production capacities to fulfill local product demand, as well as contribute to the Indian government’s Make in India effort.

Furthermore, the new factory will incorporate various features aimed at achieving carbon neutrality by reducing carbon dioxide emissions through the use of highly efficient air conditioning systems and LED lighting equipment, as well as meeting sustainable development goals (SDGs) by reusing wastewater underground filtration treatment and greening.

Check Also

Redington and CrowdStrike Announce New Distribution Agreement to Accelerate Cybersecurity Transformation Across India

Redington and CrowdStrike Announce New Distribution Agreement to Accelerate Cybersecurity Transformation Across India

Redington selects CrowdStrike to meet growing demand in India for stopping breaches and consolidating cybersecurity …

Do NOT follow this link or you will be banned from the site!