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

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Nidec, a global leader in 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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