Mitsubishi Electric Corporation introduced in the present day that it’s going to make investments roughly Rs 220 crore in its subsidiary Mitsubishi Electric India to launch a brand new manufacturing facility in India. Expected to begin operations in December 2023, the brand new manufacturing facility will manufacture inverters and different manufacturing facility automation (FA) management system merchandise to satisfy the rising demand in India.
The Indian market is increasing at an annual price of about 8 per cent, primarily within the areas of vehicles, meals & beverage, prescribed drugs, information centres, and textiles, with additional market enlargement anticipated sooner or later.
Mitsubishi Electric’s FA management techniques enterprise in India started within the mid-Nineties, and since buying an area producer of FA management techniques in 2012, the corporate has continued to strengthen its native enterprise construction with an engineering crew, increasing service and help capabilities, and in 2013, beginning manufacturing merchandise domestically.
The new two-floor, 15,400 square-meter manufacturing facility will likely be constructed on 40,000 sq. meters of land close to Pune, Maharashtra, and can play an important position in Mitsubishi Electric’s manufacturing capabilities to satisfy native demand for merchandise.
In addition, the brand new manufacturing facility will comprise numerous options aiming to realize carbon neutrality by decreasing carbon dioxide emissions by means of using extremely environment friendly air-con techniques and LED lighting tools and meet sustainable growth objectives (SDGs) by reusing wastewater by means of underground filtration remedy and greening.