Mitsubishi Electric’s group company, Climaveneta to invest Rs 400 crore in manufacturing plant near Bengaluru

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Mitsubishi Electric’s subsidiary, Climaveneta, is investing over Rs 400 crore to expand its manufacturing plant in India. The expanded facility will be the country’s largest chiller manufacturing plant, aiming to double annual order intake within five years. The company also plans to export to international markets, including the USA, Europe, and South Africa.

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Mitsubishi Electric’s group company, Climaveneta to invest Rs 400 crore in manufacturing plant near Bengaluru

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