Mitsubishi Electric Corporation announced that its Indian subsidiary Mitsubishi Electric India Pvt. Ltd. (MEI) has opened a factory for transport-systems business in Bidadi, near Bengaluru, India. Mitsubishi Electric is targeting transport-systems annual revenue of USD 170 million in India by fiscal 2020, in part by strengthening sales and maintenance services for metros and trains to meet the growing global demand for transportation infrastructure.
The factory will assemble electrical propulsion equipment for rolling stock under a plan to expand Mitsubishi Electric’s transport-systems business in the Indian market. This is Mitsubishi Electric’s third manufacturing facility in India.
The factory, which cost around USD 8 million, is on a site measuring 4,605 square meters. It can produce traction inverters, motors and other electrical equipment for rolling stock in metro systems across the country. The factory also has facilities for equipment maintenance.
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