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Japan's Mitsubishi Electric to build plant in Tamil Nadu for $231 million

The Indian arm of Japan's Mitsubishi Electric Corp said on Tuesday that it will invest 18.91 billion rupees ($231.2 million) to set up a manufacturing facility in the southern state of Tamil Nadu

The signboard of Mitsubishi Corp is pictured at its head office in Tokyo, Japan

Reuters BENGALURU

1 min read Last Updated : May 09 2023 | 2:25 PM IST

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BENGALURU (Reuters) - The Indian arm of Japan's Mitsubishi Electric Corp said on Tuesday that it will invest 18.91 billion rupees ($231.2 million) to set up a manufacturing facility in the southern state of Tamil Nadu.

Mitsubishi Electric India will employ 2004 people for this project, it said in an official statement.

($1 = 81.7800 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Dhanya Ann Thoppil)

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