For the purpose of producing room air conditioners and compressors, Mitsubishi Electric Corporation (MEC) intends to invest around $222.5 million in the establishment of a factory in Tamil Nadu.
According to a statement from MEC, it will construct an 88,000 square metre facility in the southern State, and the unit is scheduled to start producing in October 2025.
The new unit will have an initial annual capacity of 300,000 outdoor room air conditioner units and 650,000 compressors. This new capacity addition is expected to help the company meet growing volumes in the Indian market.
Also, it will strengthen development capabilities to meet local demands and provide product lifecycle solutions incorporating air conditioning and refrigeration equipment.
