Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers Limited and Sumitomo Corporation of Japan, has achieved a significant milestone by signing a deal with Mitsubishi Electric India Private Ltd.
Recognized as a world leader in electric and electronic equipment manufacturing, Mitsubishi Electric will establish its first air conditioners and compressors manufacturing facility in India at Origins by Mahindra in Chennai, spanning 52 acres.
The new factory, expected to commence operations by October 2025, will cater to the growing demand for air conditioners in the domestic market. With an investment of approximately 222 million USD (INR 1,819 Crore), the facility will enable Mitsubishi Electric to achieve an annual production capability of 300,000 units of room air conditioners and 650,000 units of compressors once fully operational.
Equipped with the latest technologies and adhering to the highest standards of quality and safety, the plant will be a key milestone for Mitsubishi Electric’s expansion in India.
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