Mitsubishi Electric to open new air conditioner plant in India

Mitsubishi Electric Corporation announced recently that it will invest some 26.7 billion yen (about U.S.$ 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 […]