Omron to invest about USD 15.7 million to set up medical devices plant in Tamil Nadu
Tamil Nadu state government said six other Japanese manufacturers had signed agreements to invest 8.19 billion rupees during a visit by state officials to Japan.;
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Tamil Nadu: Japan's Omron will open its first medical device factory in India in the southern state of Tamil Nadu, two local government sources with direct knowledge said on Monday, the latest foreign manufacturer to set up operations in the region.
Omron will make devices including blood pressure monitors and will invest nearly 1.3 billion Indian rupees (about $15.7 million) to set up the plant, the sources said, declining to be identified ahead of an official announcement later on Tuesday.
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