Mitsubishi Electric to Expand Factory Automation Business in India
Will open development center, target JPY 15 billion in annual India FA sales by March 2016
TOKYO - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its subsidiary Mitsubishi Electric India Pvt. Ltd. will host a new factory automation (FA) development center on its premises for business expansion in India. Scheduled for launch on March 1, the Indian FA Development Center will strengthen R&D functions in the FA business to better meet needs in the growing Indian market and global market beyond.
The Indian FA Development Center will develop programmable logic controllers and human machine interfaces by collaborating with Mitsubishi Electric India’ s marketing division. It also will develop basic technologies common to diverse FA products in cooperation with Mitsubishi Electric FA development centers worldwide, including the European FA Development Center in Dusseldorf, Germany, the North American FA Development Centers in Boston and Chicago, U.S.A and the China Design Center in Dalian, China.
The center, the newest technical division of Mitsubishi Electric India’ s Pune branch, will launch with a workforce of 37 including two Japanese employees.
Mitsubishi Electric has been strengthening its Indian business through measures including the acquisition of a local FA manufacturer in 2012. The company aims to grow in line with India’ s rapidly expanding FA market, especially in the fields of automotives, textiles, pharmaceuticals and food and beverage.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.