Mitsubishi Electric to set up new plant in Gujarat for auto components
MEAI’s new plant will have a total floor space of 20,000m2
Mitsubishi Electric Corporation will start construction of a new plant on the premises of its subsidiary Mitsubishi Electric Automotive India (MEAI) in Gujarat, India. The company’s new plant, along with one in Manesar, Haryana, will enable MEAI to expand its output of products such as motor-control units for electric power steering, exhaust gas recirculation valves and giant magnet-resistance sensors, the demand for which is expected to grow in line with increasing sales of vehicles offering enhanced fuel efficiency and reduced emissions in the Indian market.
MEAI’s new plant will have a total floor space of 20,000 sq.m. It is estimated to have an investment of 1.7 billion yen (Rs 113 crore) and will begin its operations by October 2021. As part of its initiative for making the plant environment-friendly, Mitsubishi Electric is going to incorporate certain measures including, LED lighting, solar light panels, electric power monitor system, reutilisation of waste water and similar others.
Mitsubishi Electric, aiming to expand the scale of its automotive equipment business, is developing a range of advanced automotive products by applying an extensive range of proprietary technologies for vehicles, engine integration control and high-density coil windings for motors.