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Published 09 May, 2023 12:39pm

Japan’s Mitsubishi Electric to build India plant for $231 mln

BENGALURU: The Indian arm of Japan’s Mitsubishi Electric Corp (6503.T) said on Tuesday that it will invest 18.91 billion rupees ($231.2 million) to set up a manufacturing facility in the southern state of Tamil Nadu.

Mitsubishi Electric India will employ 2004 people for this project, it said in an official statement.

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