Mitsubishi Electric Opens Transportation-systems Factory for Rolling Stock Equipment in India
Aiming at transportation-systems annual revenue of US$ 170million in India by 2020
November 27, 2015. By Moulin
Mitsubishi Electric Corporation has announced that its Indian subsidiary Mitsubishi Electric India Pvt. Ltd.(MEI) has opened a factory for transportation-systems business in Bidadi, near Bengaluru, India. Mitsubishi Electric is targeting transportation-systems annual revenue of US$ 170million in India by fiscal 2020, in part by strengthening sales and maintenance servicesfor subways and trainsto meet the growing global demand for transportation infrastructure.
In the early 1960s, Mitsubishi Electric began providing Indian customerswith electrical products for locomotives. Later, the company has expanded into rolling stock equipment businessfor metro projects since 2000s, and nowit provides about 65 percent traction systemsof the nation’s metro rail networks.
The factorywill assemble electrical propulsion equipment for rolling stock under a planto expand Mitsubishi Electric’s transportation-systems businessin the Indian market. This is Mitsubishi Electric’sthird manufacturing facility in India, followingplants for automotive equipment and factory automation products in Gurgaon and Pune, respectively.
The factory, which cost around US$ 8 million, is on a site measuring 4,605 square meters. It can produce traction inverters, motors and other electrical equipment for rolling stockin metro systems across the country.The factory also has facilitiesfor equipment maintenance.Initial staffing totals about 50 people.
Makoto Kitai, managing director of MEI, said: “Our factory can produce and supply state-of-the-art electrical propulsion equipment for rolling stock. By setting up this factory in India, we have demonstratedour commitment to invest, foster innovation, enhance skill development, protect intellectual property and build best-in-class manufacturing infrastructure in India, which we call our ‘Make in India ‘initiative.”
please contact: contact@energetica-india.net.
