Karnataka has further cemented its status as an industrial powerhouse with a major new investment secured by the Minister for Large and Medium Industries and Infrastructure Development, M.B. Patil. Nidec Corporation, a global leader in advanced manufacturing, announced an additional Rs 600 crore investment in its Hubli-Dharwad facility, following Patil's recent visit to Japan.
Nidec had previously invested Rs 450 crore in the state, and this new expansion will cover an additional 20 acres within the Hubli-Dharwad industrial area. This latest investment will bring Nidec’s total project size to 50 acres, aimed at supporting the company’s Motion & Energy segment.
The facility will manufacture alternators, motors, system solutions, and drives for sectors including data centres, electric vehicles (EVs), and elevators, significantly boosting Karnataka's advanced manufacturing sector.
The expansion is expected to generate over 800 jobs, and the construction, which began in April 2024, is set to be completed by March 2025. Commercial production is slated to begin in October 2025. The state-of-the-art facility will consist of six factories and a total built-up area of 62,000 square metres.
Patil expressed optimism about the investment, stating, "Nidec’s commitment to Karnataka is very encouraging. We are fully committed to supporting their growth, from land acquisition to resources, ensuring a smooth project implementation."
The announcement was made during a high-profile meeting attended by Patil and key officials including Gunjan Krishna, IAS, Commissioner for Industrial Development and Director, Department of Commerce and Industries. Nidec's leadership team, led by Michael Briggs (President - Nidec Motion and Energy), also reaffirmed their commitment to Karnataka as a strategic hub for innovation.
This expansion not only reinforces Karnataka’s reputation as a prime destination for global companies but also elevates Hubli-Dharwad as a key centre for advanced manufacturing in India.
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