<p>Bengaluru: Japan’s Nidec Corporation has proposed a Rs 150 crore investment in their facility in the Hubli-Dharwad industrial area, following Industries Minister MB Patil’s recent visit to Japan. This is an additional 20-acre expansion in the area, following their previous Rs 450 crore investment.</p>.<p>Initially planned on a 30-acre plot, Nidec has now applied for an additional 20-acre expansion. The entire project, part of Nidec’s Motion and Energy segment, with a total built-up area of 62,000 square meters is expected to generate over 800 jobs.</p>.<p>The facility will consist of six factories which will manufacture alternators, motors, system solutions, and drives for key sectors such as data centers, electric vehicles (EVs), and elevators.</p>
<p>Bengaluru: Japan’s Nidec Corporation has proposed a Rs 150 crore investment in their facility in the Hubli-Dharwad industrial area, following Industries Minister MB Patil’s recent visit to Japan. This is an additional 20-acre expansion in the area, following their previous Rs 450 crore investment.</p>.<p>Initially planned on a 30-acre plot, Nidec has now applied for an additional 20-acre expansion. The entire project, part of Nidec’s Motion and Energy segment, with a total built-up area of 62,000 square meters is expected to generate over 800 jobs.</p>.<p>The facility will consist of six factories which will manufacture alternators, motors, system solutions, and drives for key sectors such as data centers, electric vehicles (EVs), and elevators.</p>