YKK India to Establish New Manufacturing Facility at Origins by Mahindra in Chennai
YKK India Private Limited will establish a new manufacturing facility at Origins by Mahindra in Chennai. The facility will be YKK India's third manufacturing plant in India, according to cnbctv18.com. The site is part of Mahindra Industrial Park Chennai Ltd (MIPCL), a joint venture between Mahindra World City Developers Ltd and Sumitomo Corporation of Japan. Mahindra World City Developers Ltd is a
YKK India Private Limited will establish a new manufacturing facility at Origins by Mahindra in Chennai. The facility will be YKK India's third manufacturing plant in India, according to cnbctv18.com. The site is part of Mahindra Industrial Park Chennai Ltd (MIPCL), a joint venture between Mahindra World City Developers Ltd and Sumitomo Corporation of Japan. Mahindra World City Developers Ltd is a subsidiary of Mahindra Lifespace Developers Ltd. The new facility will involve a total investment of $150 million, according to The Hindu, and will span approximately 149,936 square metres, according to cnbctv18.com. Shares of Mahindra Lifespace Developers Ltd ended at ₹349.30, down by ₹3.05, or 0.88%, on the BSE, according to cnbctv18.com.
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