Mitsubishi Electric India Opens Factory in Bidadi
Image courtesy of Mitsubishi
TOKYO: Mitsubishi Electric Corporation have announced that its Indian subsidiary Mitsubishi Electric India Pvt. Ltd. (MEI) has opened a transportation-systems business factory in Bidadi, near Bengaluru in India.
Mitsubishi Electric is pursuing the Indian transportation-systems market, with its annual revenue of US$170million. This will be achieved in part by enhancing sales and maintenance services to subways and trains in order to meet the international need for transportation infrastructure.
Since the 1960s, Mitsubishi Electric has provided Indian customers with electrical components for trains. It has expanded into providing rolling stock equipment to metro projects since the 2000s. It currently provides about 65% of the traction systems of Indias metro rail networks.
The factory will manufacture electrical propulsion equipment for rolling stock. This will take place as part of the expansion of Mitsubishi Electric’s transportation-systems business in India. Mitsubishi Electric now has three manufacturing facilities in India, the other two being an automotive equipment plant in Gurgaon and an automation products factory in Pune.
Mitsubishi Factory Bidadi
The factory cost around US$8million to build on a site of 4,605 square meters. It is able to manufacture traction inverters, motors and other electrical equipment for metro rolling stock. The facility is also equipped to supply maintenance services. Initially, there will be 50 employees at the factory.
Makoto Kitai, managing director of MEI, said:
“Our factory can produce and supply state-of-the-art electrical propulsion equipment for rolling stock. By setting up this factory in India, we have demonstrated our commitment to invest , foster innovation, enhance skill development, protect intellectual property and build best-in-class manufacturing infrastructure in India, which we call our ‘Make in India’ initiative.”