Japan's Mitsubishi Electric Corp to create over 2,000 jobs via investment in Tamil Nadu

Japan's Mitsubishi Electric corp has planned to invest $ 231.2 million to set up a manufacturing unit in Tamil Nadu. As per Mitsubishi Electric India , this will create about 2,004 jobs. The investement will be through 100% foreign direct investment.

Tamil Nadu's Chief Minister, MK Stalin has laid the foundation stone for the factory in Thiruvallur district on Tuesday. As per Economic Times, top officials of Mitsubishi Electric India entered into a memorandum of understanding with the Guidance TN promoted by the state government. The company also said 60% of the workforce would be women.

The manufacturing unit for air-conditioners and compressors is expected to be built over a 52 acre land. This land is owned by Mahindra in Peruvoyal village, Gummidipoondi Taluk in neighbouring Thiruvallur district.

As per the officials, the commercial production is expected to begin from October 2025. About 3 lakh units of air conditioners and 6.5 lakh of compressors will be manufactured by December 2025.

The company also said that, the manufacturing unit will meet sustainable development goals by implementing various initiatives for carbon neutrality including minimisation of carbon dioxide emissions through enhanced thermal insulation, use of highly efficient air-conditioning and heated water systems. Water will also be reused through underground filtration treatment and site greening