Arkel Electronic India Holds Groundbreaking Ceremony at Upcoming Manufacturing Unit

Arkel Electronic India Pvt. Ltd. recently held a groundbreaking ceremony (Bhumi Pujan) at its upcoming manufacturing location at Savli Manjusar GIDC, Vadodara, Gujarat. A Facebook post stated that Savli GIDC is in close proximity to Ahmedabad-Vadodara Express Highway and the upcoming Mumbai-Delhi Express Highway. The new manufacturing unit will be established with an estimated investment of 100 crore (US$1.23 billion) when fully completed and will occupy a closed area of 9,000 m² with a land area of 12,500 m². Phase 1 will be operational in 2024 and will be the first manufacturing plant in India producing integrated elevator drives and monoblock elevator control units.