The establishment of a Rs 1,895-crore plant by the Japanese company Mitsubishi Electric Corporation and Tamil Nadu is a rare instance of 100 percent foreign direct investment (FDI) in Indian electronic equipment manufacture….
Mitsubishi Electric will invest USD 222 million to build a factory in Chennai’s Mahindra World City Developers industrial park to produce air conditioners and compressors. The new facility will serve as Mitsubishi Electric’s…
Mitsubishi Electric Corporation announced that it will spend Rs 220 crore (3.1 billion yen) in its Indian affiliate to build a new facility in Maharashtra. The new facility will be built in Maharashtra,…