Nidec to Invest Rs 600 Crore to Set Up Manufacturing Facility

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Nidec Corporation to invest Rs 600 crore to set up manufacturing facility in Hubballi-Dharwad in Karnataka

Earlier, Nidec had invested Rs 450 crore in Karnataka. The fresh investment of Rs 150 crore follows Large and Medium Industries and Infrastructure Development Minister M.B. Patil’s recent visit to the company’s headquarters in Japan.