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Mitsubishi Electric India eyes next leap with local R&D, semiconductor partnerships, and e-Factory solutions
The Economic Times· 2025-10-10 05:03
Core Insights - Mitsubishi Electric India's unique selling proposition (USP) is its commitment to building a sustainable future, combining technology, operational excellence, and a diverse workforce to enhance everyday life [1][12] - The company tailors its portfolio to local needs while leveraging its global presence across seven business areas, including infrastructure, industry & mobility, life, digital innovation, semiconductors & devices, data utilization, and business innovation [2][12] Industry & Mobility - In the industry & mobility segment, Mitsubishi Electric India focuses on localized innovation to align with India's manufacturing growth, designing and assembling products at its Talegaon facility in Pune [3][12] - The company is expanding its product lines to include inverters and PLCs, ensuring that innovations meet domestic requirements while adhering to global quality standards [3][12] Life Segment - The 'Made in India' AKABISHI air conditioners and DeLite elevators exemplify the company's commitment to self-reliance and making energy-efficient technologies more accessible [4][12] Digital Transformation - Mitsubishi Electric India offers digital transformation solutions like e-Factory and MaiLab, which help manufacturers achieve sustainability and competitiveness by creating intelligent, energy-aware factories [6][12] - e-Factory integrates hardware and energy monitoring systems to optimize operations, while MaiLab employs AI for production data analysis, leading to efficiency gains [7][12] - The measurable benefits include reduced energy consumption per output, lower CO₂ emissions, improved uptime, and predictive maintenance, turning sustainability into a business advantage for manufacturers [8][12] Semiconductor Talent Development - The company has established partnerships with top Indian institutes to develop a talent pipeline in semiconductors, providing advanced training in SiC, IGBT, and IPM modules [9][12] - Over 700 students have benefited from these initiatives, strengthening India's semiconductor capabilities amid the government's Rs 76,000-crore Semicon India program [10][13] Future Plans - Mitsubishi Electric India's near- to long-term plans align with national initiatives like Make in India and PLI schemes, with new factories in Pune and Chennai to enhance local manufacturing [10][13] - The company aims to introduce advanced technologies such as semiconductors, chips, and wafers to meet India's growing demand and bolster the country's global innovation standing [11][13]