Mitsubishi Electric Kicks-Off Construction of its New Facility in Maharashtra with Rs 220 Cr Greenfield Investment

In line with its recent announcement of a greenfield investment of Rs 220 crore, Japanese electric and electronic equipment major Mitsubishi Electric Corporation through its Indian arm, Mitsubishi Electric India Pvt Ltd, has started the construction of its new Automation Systems Factory in Maharashtra, India.
 
The new factory, located in MIDC Talegaon near Pune in Maharashtra, will manufacture Variable Frequency Drives and Factory Automation (FA) control system products.
 
In this regard, the company had initiated the ground-breaking ceremony which was presided over by the Managing Director of Mitsubishi Electric India, Kazuhiko Tamura, along with the Director and Factory Automation Division Head, Tomohiro Yoshida.
 
Speaking on the occasion, Kazuhiko Tamura, Managing Director of Mitsubishi Electric India, said, “the upcoming factory is a testament to the strong commitment that Mitsubishi Electric India has towards its customers. For almost three decades now, we have been serving the India market. Since then, we have rapidly expanded our India operations.”
 
He further added, “the new factory will meet the growing customer demand and will help create further value for them. We will continue to strongly support India’s manufacturing sector by offering cutting-edge factory automation technologies and solutions.”
 
Mitsubishi Electric India’s Factory Automation & Industrial Division has a strong presence in sectors like automotive, food and beverage, pharmaceuticals and textiles. It has been increasingly catering to upcoming and diverse sectors like data centres, e-commerce, sugar, steel, to name a few. The company has a strong local R&D base and has been developing indigenous products that cater to the local requirements of the customers.

It has been contributing to the growth story of India since 1958 with its various businesses and this investment is an extension of its support to the Make-In-India initiative, the company said in a statement.

This new manufacturing facility will not only act as a tool for business expansion but will also empower our customers and the manufacturing sector of India with shorter delivery times and price optimization of Factory Automation equipment, it added.