Japanese firms Daifuku and Nicomac Taikisha broke ground on Friday for a factory each in Chandanvelly, near here.
The facilities will entail an investment of ₹575 crore by the firms, generate 1,600-2,000 direct jobs and at least 4,000 indirect jobs, Industries and IT Minister K.T. Rama Rao said at the ground breaking ceremony.
Daifuku is a leading provider of automated material handling technology and solutions globally. Taikisha, which has acquired Nicomac Cleanrooms, is a 110-year-old engineering firm and a pioneer in setting up cleanrooms and HVAC for electronic devices, lithium-ion battery manufacturing, food industry (hydroponic farming), the Minister’s office said in a release on the programme in which elected representatives, government officials, leadership of the firms and Consul General of Japan in Chennai Masayuki Taga participated.
