YKK India To Invest $150 Million In New Manufacturing Facility At Origins By Mahindra, Chennai
YKK India, the Indian subsidiary of Japan's YKK Corporation, will invest $150 million to establish a new manufacturing facility at Origins by Mahindra in Chennai. The plant will be YKK India's third manufacturing unit in the country.
The facility will be set up within the integrated industrial cluster developed by Mahindra Industrial Park Chennai (MIPCL), a joint venture between Mahindra World City Developers and Japan's Sumitomo Corporation. The project will span approximately 149,936 square metres of land, with a planned building area of around 74,700 square metres, and is scheduled for completion by February 2028.
YKK manufactures fastening products for the apparel, textile and industrial sectors. Origins by Mahindra spans approximately 600 acres, with the first phase covering about 307 acres and an additional 134 acres added in a new phase. The cluster is located on NH16 within the influence zones of the Chennai-Bengaluru Industrial Corridor (CBIC) and the Chennai-Visakhapatnam Industrial Corridor (CVIC), and is designed as a Multi-Sector Domestic Tariff Area with an IGBC Platinum pre-certified industrial cluster status.
The industrial park already houses multinational manufacturers including Mitsubishi Electric, Yanmar and Omron. Mahindra Lifespace Developers said the addition of YKK India reflects growing confidence among international companies in setting up manufacturing operations in India, as businesses look to diversify supply chains and expand capacity to serve both domestic and export markets.