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“In the first phase, the investment will be £ 230 crore. The focus will be on the domestic market. Based on the demand, we will look at other markets,” an official told IANS on Monday.
The factory owned by Daicel Safety Systems India Pvt. Ltd, will appear on CapitalLand’s OneHub
The proposed plant is expected to be commissioned in December 2023.
According to Daicel’s safety officer, the company delivers its
He declined to comment on the proposed plant’s production capacity.
“Until now we have been supplying the Indian market from our own product
“We will further strengthen our presence in the Indian market through stable production and supply of products, which contributes to the development of the Indian economy through both the production of inflator and the purchase of parts in the country,” added Yoshifumi .
“We welcome Daicel to India and join the growing community of OneHub Chennai’s leading multinational companies. OneHub Chennai provides the right ecosystem and the right plug and play infrastructure for the company’s manufacturing facility,” Vinamra Srivastava, CEO , Business Parks,
The 1,250 acre business city OneHub Chennai (OHC) is being developed by CapitaLand in a joint venture with
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