Mitsubishi Electric Corporation announced an investment of approximately 2.2 billion Indian rupees, or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd., for the construction of a new factory in India.
Scheduled to begin operations in December 2023, the new facility will manufacture transformers and other products for automatic plant control systems, expanding the company’s capabilities to meet growing demand in the country.
The Indian market is growing rapidly and expanding at an annual rate of around 8%, particularly in the automotive, food and beverage, pharmaceutical, data center and textile sectors.
The new plant, with 15,400 m2 spread over 2 floors, will be built on a 40,000 m2 site near Pune, Maharashtra, and will help expand Mitsubishi Electric’s production capacity to meet local product demand and also contribute to “Make in. India” a program promoted by the Indian government.
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Mitsubishi Electric began marketing industrial control systems in India in the mid-1990s, and since acquiring a local control systems manufacturer in 2012, the organization has been strengthening its internal business structure by decentralizing engineering, expanding services and support ability and. , in 2013, to start local production.
In addition, the new plant will include several features with the goal of achieving carbon neutrality, reducing carbon emissions through air conditioning systems and highly efficient LED lighting equipment, and achieving development goals (ODS) and utilization. wastewater treatment through ground water filtration and waste reduction.
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