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
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.
About Mitsubishi Electric India Pvt. Ltd.
Mitsubishi Electric Asia Pte Ltd: 70%Mitsubishi Electric
About Mitsubishi Electric
With over 90 years of experience in providing reliable, high-quality
products, Mitsubishi Electric Corporation (TOKYO:6503) is a recognized
world leader in the manufacture, marketing and sales of electrical and
electronic equipment used in information processing and communications,
space development and satellite communications, consumer electronics,
industrial technology, energy, transportation and building equipment.
Embracing the spirit of its corporate statement, Changes for the Better,
and its environmental statement, Eco Changes, Mitsubishi Electric
endeavors to be a global, leading green company, enriching society with
technology. The company recorded consolidated group sales of 3,639.4
billion yen (US$ 44.4 billion*) in the fiscal year ended March 31, 2012.
For more information visit http://www.MitsubishiElectric.com
*At an exchange rate of 82 yen to the US dollar, the rate given by the
Tokyo Foreign Exchange Market on March 31, 2012
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