Mitsubishi Electric India Pvt. Ltd. News

Mitsubishi Electric Corporation announced that its wholly owned subsidiary, Mitsubishi Electric India Pvt Ltd., will acquire a stake in Indian software startup Gervigreind Data Science Pvt. Ltd. (doing business as "Itanta Analytics") to jointly develop and sell no-code data analysis and report generation applications. Under a collaboration agreement, Mitsubishi Electric plans to strengthen its FA digital solutions business and contribute to the digitalization of manufact...

Mitsubishi Electric Corporation announced that it will invest some 26.7 billion yen (about US$ 222.5 million) in its subsidiary company - Mitsubishi Electric India Pvt. Ltd. to establish a factory for the production of room air conditioners and compressors in India. Local production, targeted to start in October 2025, is expected to help the company meet growing demand in the Indian market. Initial annual capacity will total 300,000 room air conditioner outdoor units and, beginning in December...