Nidec Sets Up Rs 50 Cr Advanced Manufacturing Plant in Sri City, Andhra Pradesh

Nidec Sets Up Rs 50 Cr Manufacturing Plant in Sri City India

Nidec India Private Limited, a wholly owned subsidiary of Japan-based Nidec Corporation has officially commenced operations at its state-of-the-art manufacturing plant in Sri City, Andhra Pradesh. This INR 50 crore facility represents a significant milestone for the company’s growth in India, marking its commitment to supporting the nation’s industrial and technological advancement. Equipped with cutting-edge automation and energy-efficient systems, the plant is tailored to produce a wide range of products, including air-conditioning motors and solutions for industries such as electric vehicles, consumer appliances, and industrial machinery. The strategic location in Sri City, with its excellent infrastructure and connectivity, positions the facility to efficiently serve both domestic and international markets. The facility is planned to go for mass production in January 2025.

Pioneering Sustainability and Innovation

Aligned with Nidec’s global vision for sustainable manufacturing, the new plant integrates advanced energy conservation practices and automation technology. As part of its broader sustainability goals, Nidec aims to achieve carbon neutrality at this site by 2030, demonstrating its dedication to environmentally responsible operations. The facility is expected to bolster India’s manufacturing ecosystem by incorporating innovative processes that enhance productivity while reducing environmental impact. This investment also reflects Nidec’s response to India’s growing demand for energy-efficient solutions across various sectors, reinforcing its role as a leader in sustainable industrial practices.

Strengthening India’s Industrial Footprint

The establishment of the Sri City plant is part of a larger strategic investment by Nidec to expand its footprint in India, which has emerged as a critical market due to its robust economic growth and increasing emphasis on green technologies. With this facility, Nidec plans to significantly enhance its production capacity and create new employment opportunities, contributing to local economic development. The plant not only reinforces Nidec’s manufacturing capabilities but also underscores its commitment to supporting India’s goal of becoming a global manufacturing hub. This new addition to Nidec’s network ensures the company is well-positioned to meet the growing global demand for its innovative and energy-efficient products.

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