Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers Limited and Sumitomo Corporation of Japan, has announced the signing of Yanmar Group as its anchor customer at ORIGINS by Mahindra World City, Chennai, India. Yanmar Group, an over 100-year-old business group from Japan, will establish a diesel engine manufacturing facility in ORIGINS, to cater to original equipment manufacturers (OEM) in the Indian construction and agriculture sectors. The facility is expected to be operational by 2020.
ORIGINS by Mahindra World City comprises industrial clusters of international standards, spanning 250 – 600 acres and located in high growth corridors across India. Located on NH16, Phase 1 of ORIGINS by Mahindra World City, North Chennai spans 264 acres and is currently at advanced stages of development, with all approvals in place. The project is expected to generate direct employment for 7000 persons when fully completed.
Sangeeta Prasad, Managing Director and CEO, Mahindra Lifespace Developers, said, “We are delighted to welcome Yanmar, one of Japan’s most respected companies and a global leader in diesel engine manufacturing, to ORIGINS. We remain committed in our endeavour to create efficient industrial ecosystems which enable employment and investment.”
Hajime Hirai, Director and General Manager, Yanmar Engine anufacturing India Pvt. Ltd., said, “India is a high-potential growth market for the Yanmar Group and for our first manufacturing facility in the country, we were seeking an ideal blend of modern infrastructure, strategic connectivity and supporting social amenities. The self-sufficient ecosystem at ORIGINS, North Chennai will help us rapidly scale our operations and attract the right talent. Yanmar is proud to be the first partner for the ORIGINS growth story in India.”