Nidec launches Rs 600 crore manufacturing plant in Karnataka’s Hubballi

June 2, 2025

, By The Economic Times

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Nidec, a global leader in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/data-centre-equipment” target=”_blank”>data centre equipment manufacturing, on Monday inaugurated a new plant with an investment of Rs 600 crore at the Dharwad-Beluru Industrial Area, officials said.

The facility was officially launched by Karnataka’s Minister for Large and Medium Industries, M B Patil.

“The new plant, which creates 800 direct jobs, will cater to the growing demand across sectors such as electric vehicles, data centres, renewable energy, battery storage, and general industries. This unit will bolster local manufacturing, enhance R&D capabilities,…

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Nidec launches Rs 600 crore manufacturing plant in Karnataka’s Hubballi

June 2, 2025

, Published By The Economic Times

Nidec, a global leader in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/data-centre-equipment” target=”_blank”>data centre equipment manufacturing, on Monday inaugurated a new plant with an investment of Rs 600 crore at the Dharwad-Beluru Industrial Area, officials said.

The facility was officially launched by Karnataka’s Minister for Large and Medium Industries, M B Patil.

“The new plant, which creates 800 direct jobs, will cater to the growing demand across sectors such as electric vehicles, data centres, renewable energy, battery storage, and general industries. This unit will bolster local manufacturing, enhance R&D capabilities,…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Infosys backs AI-first future as tech strategy sharpens focus on cloud and productivity

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How AI chatbots keep you chatting

The Economic Times

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