Chennai: Less than two months after signing a memorandum of understanding (MoU) in the presence of Chief Minister M K Stalin in Japan, global MedTech leader Omron Healthcare Corporation held a ground-breaking ceremony for its new manufacturing plant on Tuesday.
The plant being developed at an estimated cost of Rs 128 crore by Omron Healthcare Manufacturing India Pvt. Ltd. (a subsidiary of Omron Corporation) is the Japanese firm’s first-ever facility in India.
The plant, coming up at Origins by Mahindra, Ponneri, will manufacture Automatic Blood Pressure Monitors and is expected to begin operations in March 2025.
Takuto Iwanaka, Director, Omron Healthcare Manufacturing India Ltd., said: “The new manufacturing plant will house advanced machinery and cutting-edge technologies to ensure efficient and precise production processes.
He said the company was grateful for the support and encouragement received throughout the planning and execution of the project. ‘The new manufacturing plant will generate employment opportunities and will also contribute to the overall economic development of the region,’ he said.
The company taking quick steps to start the manufacturing unit in the State, reaffirms Tamil Nadu’s position as the ideal investment destination for global companies. Tamil Nadu contributes significantly to the Medical Devices sector in India and is one of the largest medical equipment producing states.
