Mitsubishi Electric India, a subsidiary of Japan’s Mitsubishi Electric Corp, has announced plans to invest Rs. 1,891 crore ($231.2 million) in setting up a new manufacturing facility in Tamil Nadu. The facility will be located in Peruvoyal village, Gummidipoondi Taluk, in the neighboring Thiruvallur district, on a 52-acre land owned by Origins by Mahindra.
This investment comes ahead of Tamil Nadu Chief Minister MK Stalin’s visit to Japan and Singapore on May 23, where he will lead a delegation to extend invitations to industrialists and government officials for the Global Investors Summit (GIS) scheduled for January 10-11 next year. The Tamil Nadu government aims to host GIS with participation from over 100 countries, intending to attract more investments, generate jobs, and strengthen the state’s efforts to achieve a $1 trillion economy by 2030.
According to the company’s statement, the new manufacturing facility will create over 2,000 jobs, with women comprising 60% of the workforce. The plant will focus on producing room air-conditioners and compressors, with commercial production expected to commence in October 2025. The initial capacity for room air-conditioners is projected at three lakh units, while compressors are estimated to reach 6.50 lakh units by December 2025.
In line with sustainable development goals, Mitsubishi Electric India will implement various carbon neutrality initiatives at the facility. These include minimizing carbon dioxide emissions through enhanced thermal insulation, employing highly efficient air-conditioning and heated water systems, reusing wastewater through underground filtration treatment, and promoting site greening.
Tamil Nadu is a strategic location for Japanese investments, with three out of the 12 Japanese industrial townships in India situated in the state as part of the ‘Japan-India Investment Promotion Partnership.’ Tamil Nadu is also home to the largest number of Japanese expats in India.
This investment announcement follows Mitsubishi Motors Corp’s declaration in March that it plans for hybrid and battery electric vehicles to account for all new car sales by the middle of the next decade. The company, a junior partner in an alliance with France’s Renault SA and Nissan Motor Co., has revealed plans to roll out 16 new models over the next five years.
