Nidec plans to build new automotive motor plant in India

2024-12-26 19:23
 200
Nidec recently announced plans to invest $66.4 million to build a new automotive motor plant in India. The plant covers an area of ​​13,000 square meters and is expected to start operations in 2027. Once operational, the new plant will produce 11 million motors per year, mainly for power steering systems, electric brake systems, pumps and other equipment.