Mitsubishi Electric to build new factory in Pune, India

WCN Editorial Team 7 Jun 2022 ASIA BUILDINGS

Mitsubishi Electric has announced its plans to invest approximately $28.32m (INR2.2bn) to build a new factory in India.

Anticipated to start operations in December 2023, the new factory will produce inverters and other factory automation (FA) control system products.

The factory is expected to enable Mitsubishi Electric India’s abilities to meet the growing demand in the country.

The Indian market is growing at an annual rate of about 8% primarily in industries such as automobiles, food & beverage, pharmaceuticals, data centres, and textiles.

Mitsubishi Electric's FA control systems business started in the mid-1990s in India.

Since acquiring a local manufacturer of FA control systems in 2012, Mitsubishi has continued to expanding its local business structure by setting up an engineering team, bolstering service and support capabilities, and in 2013, began local manufacturing of products too.

The new two-floor, 15,400m2 factory will be constructed on 40,000m2 land near Pune, Maharashtra.

The new facility will help boost Mitsubishi Electric's production abilities to meet local demand for products, as well as contribute to the Make in India initiative promoted by the Indian government.

Furthermore, the facility will include several features to achieve carbon neutrality by reducing carbon dioxide emissions with the use of efficient air conditioning systems and LED lighting equipment, and meet sustainable development goals (SDGs) by reusing wastewater via underground filtration treatment.
--------------------------------------------------------------------------------------------------------------
Image: Representation of Mitsubishi Electric's new factory in India. Credit: CG illustration/Mitsubishi Electric Corporation.

With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US
PRIVACY POLICY

STAY IN TOUCH!

LATEST TWEETS

World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2022 GlobalData. All rights reserved.