05-09-2023 01:12 PM | Source: Reuters
Japan`s Mitsubishi Electric to build India plant for $231 million
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The Indian arm of Japan's Mitsubishi Electric Corp 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.
($1 = 81.7800 Indian rupees)
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