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- by economictimes.indiatimes.com
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Nidec expands India footprint with launch of Orchard hub manufacturing campus in Hubli, Karnataka
Nidec Corporation launched Orchard Hub, a manufacturing campus, in Karnataka. The facility will produce generators, EV components and energy storage systems. Production is set to begin later this year. The company invested $55 million in the project. Orchard Hub is expected to generate over 2,000 jobs. Nidec aims to make the campus carbon-neutral by 2028.