TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that Mitsubishi Elevator India Private Limited will build a factory in Bangalore, India, aiming to strengthen local competitiveness and expand business in the world’s second largest market for elevators and escalators. India’s elevator and escalator market, which has grown in step with the country’s rapid economic development, is now the world’s second largest, next to China. Annual demand rose to 47,000 units
| < Prev | Next > |
|---|
