Nidec to Build New Factory in India
Tokyo, July 30 (Jiji Press)--Japan's electronic device maker Nidec Corp. will invest 120 million dollars to set up a new factory in India to meet quickly growing refrigeration demand in the huge South Asian market.
The 55,000-square-meter plant will be built in Chhatrapati Sambhajinagar, previously called Aurangabad, in the western state of Maharashtra to produce each year up to 6 million compressors and inverters for both household and industrial cooling systems, Nidec said Tuesday.
(2025/07/30-11:53)
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