Tamil Nadu Chief Minister M.K. Stalin on Tuesday unveiled the foundation stone for Mitsubishi Electric India’s factory in Tiruvallur district, which would manufacture air-conditioners and compressors. Mitsubishi would invest ₹1,891 crore into this project, which is expected to generate employment for over 2,000 people.
An MoU for the project was signed between the Tamil Nadu government and Mitsubishi Electric, in the presence of Industries Minister Thangam Thennarasu, Consul General of Japan in Chennai Masayuki Taga, senior officials of the Tamil Nadu government and representatives from Mitsubishi.
The factory would be spread over 52 acres at Peruvoyal in Gummidipoondi taluk and is expected to commence production in October 2025. The unit aims to manufacture 3 lakh air conditioners and 6.5 lakh compressors, an official release from Mitsubishi Electric said.
