₹600-cr. Nidec plant inaugurated in Dharwad

Minister inaugurates Nidec industrial hub in Dharwad, creating jobs and boosting economy with advanced technology and exports.

Minister for Large and Medium Industries and Infrastructure Development M.B. Patil on Monday inaugurated the Orchard Hub Campus of Nidec industrial Automation India Pvt. Ltd. which has been developed with an investment of ₹600 crore at Belur Industrial Area in Dharwad.

Speaking after the inauguration, Mr. Patil said that the plant which has been set up using Japanese and French technologies will be providing direct employment to 800 people.

Mr. Patil said that a piece of 20-acre land has been given for the battery solution tower of the company and heavy duty machines with a capacity of 2, 3 and 4 MW will be catering to the data centre industries.

These units will be exported to the U.S. and Europe and once the plant reaches its full capacity, a total of 3,000 jobs will be created, he said.

He said that various equipment and machines required for data industries, including power back-up generator, wind generator, battery storage and spare parts, required for electricity driven vehicles will be manufactured at the plant.

Mr. Patil said that the State government is working towards establishing more industries in North Karnataka by providing them incentives. Working in the same direction, the government provides required land for Nidec company within two years and facilitated the plant becoming operational at the earliest, he said and added that an ambitious project has been completed and the plant has become operational.

The Minister also mentioned that it is necessary that farmers are given adequate compensation for farmland acquired and the responsibility of maintaining a balance between farming and industry is on the government.