Mitsubishi Electric India to build Rs 1,891 crore AC and compressor plant near Chennai

Mitsubishi Electric India signed an MoU with the Tamil Nadu government for a Rs 1,891 crore air-conditioner and compressor factory in Peruvoyal Village, Thiruvallur District, on a 52-acre site. The plant is targeted to start production in October 2025 and create more than 2,000 jobs.

“Mitsubishi Electric India (MEI), a part of the $37 billion Japanese major Mitsubishi Electric, will invest ₹1,891 crore in a new air-conditioner and compressor factory project near Chennai.”thehindubusinessline.com

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• thehindubusinessline.comMitsubishi Electric invests ₹1,891-cr in a new AC and compressor factory near Chennai - The HinduBusinessLineMay 9, 2023

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