Mitsubishi may set up plant at Sanand in Gujarat
May 08, 2018
Gandhinagar: Japanese company Mitsubishi is likely to set up its manufacturing plant at Sanand near Ahmedabad with an investment of around Rs 500 crore according to reports that claim that the company has applied for 15 acre land. Gujarat Industrial Development Corporation(GIDC) is in process to identify suitable land for Mitsubishi.
The company according to reports intends to set up a manufacturing plant of electronic components, that can be supplied to Sanand-Bechraji based auto manufacturing units. The plant when fully commissioned may offer direct employment of 1,000. The process of setting up this plant may take five years period. The first phase work may begin in two years.
DeshGujarat
Recent Stories
- Diwali Food Safety Drive: AMC Seals Two Units, Fines Four Outlets ₹40,000
- HDFC Bank Gets Govt Nod to Offer Deposits Under Capital Gains Accounts Scheme
- GSSSB Announces Recruitment for 1,237 Class-3 Posts; Applications Open on November 5
- AMC to Hike Parking Fees; Proposed New Rates Here
- Mumbai Mayor Ritu Tawde Meets Gujarat CM Bhupendra Patel
- Holiday Inn Resort to Come Up in Sasan Gir
