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Daifuku Intralogistics India, a Japanese automated material handling technology and solutions company, is setting up a factory Chandanvelly in Rangareddy district.
Taikisha Ltd, another Japanese engineering company, too, is setting up cleanrooms and HVAC (heating, ventilation, and air conditioning) for electronic devices, lithium-Ion battery manufacturing, and food industry (hydroponic farming) there.
Creating job
Addressing a gathering after laying the foundation for the two facilities, Telangana IT and Industries Minister K T Rama Rao said the two companies would invest ₹575 crore and create 1,600-2,000 direct jobs and 4,000 indirect jobs.
Daifuku has adopted an ITI (Industrial Training Institute) in Vikarabad, ensuring training and opportunities for the youth.
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