economy

YKK India to invest $150 million in new Chennai facility at Origins by Mahindra

Published on: 18 Jun 2026, 08:18 PM

Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers Limited and Sumitomo Corporation of Japan, has announced that YKK India Private Limited will establish a new manufacturing facility at Origins by Mahindra in Chennai.

YKK India, the Indian subsidiary of YKK Corporation, plans to invest $150 million in the facility, which will be spread over approximately 149,936 square metres within the integrated industrial cluster. The company stated that this will be its third manufacturing plant in India and is expected to be completed by February 2028.

The facility will produce fastening products for the apparel, textile and industrial sectors, serving both domestic and export markets. YKK India is a leading manufacturer and supplier of such products in India and international markets.

Vikram Goel, Chief Business Officer – Industrial at Mahindra Lifespace Developers Limited, said in a statement that the addition of another global manufacturer reflects growing international confidence in India’s manufacturing capabilities and long-term growth potential. He noted that businesses are diversifying supply chains and expanding manufacturing to serve both domestic and export markets, seeking destinations that support scale and operational excellence.

Source: The Hindu

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