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Realty firm Mahindra Lifespace Developers Ltd on Thursday (June 18) said Mahindra Industrial Park Chennai Ltd (MIPCL) has announced that YKK India Private Limited, the Indian subsidiary of YKK Corporation, will establish a new manufacturing facility at Origins by Mahindra, Chennai.
Mahindra World City Developers Ltd (MWCDL) is a subsidiary of Mahindra Lifespace Developers Ltd, while Mahindra Industrial Park Chennai Ltd is a joint venture between Mahindra World City Developers Ltd and Sumitomo Corporation of Japan.
According to YKK India, this will be its third manufacturing plant in India. The facility will span approximately 149,936 square metres within the integrated industrial cluster and will involve a total investment of $150 million. It is expected to be completed by February 2028.
ALSO READ | Mahindra Lifespace Q3 results: Shares gain 6% as strong residential sales lift profit
With YKK India joining existing global manufacturers including Mitsubishi Electric, Yanmar, and Omron, Origins by Mahindra, Chennai continues to expand its ecosystem of international manufacturing investments.
YKK India is a leading manufacturer and supplier of fastening products, serving the apparel, textile and industrial sectors across India and international markets. The new facility, designed as a state-of-the-art facility integrating YKK’s advanced technologies, will support growing domestic demand and export-oriented manufacturing markets.
It will benefit from a future-ready industrial ecosystem at Origins by Mahindra, offering world-class infrastructure, plug-and-play facilities, a sustainability-enabled ecosystem, and strong connectivity. These advantages support efficient operations, streamlined supply chains, and long-term manufacturing growth.
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Vikram Goel, Chief Business Officer – Industrial, Mahindra Lifespace Developers Ltd, said, "We are delighted to welcome YKK India to Origins by Mahindra, Chennai. The addition of another globally respected manufacturer to our ecosystem reflects the growing confidence of international companies in India's manufacturing capabilities and long-term growth potential.
As businesses diversify supply chains and expand manufacturing capabilities to serve both domestic and export markets, they are increasingly seeking destinations that can support scale, operational excellence and long-term growth.
YKK India's investment further strengthens Origins by Mahindra's position as a preferred destination for global manufacturing investments and reinforces our commitment to enabling high-quality industrial growth in the country."
Shares of Mahindra Lifespace Developers Ltd ended at ₹349.30, down by ₹3.05, or 0.88%, on the BSE.
ALSO READ | Mahindra Lifespace launches ₹1,650 crore ultra-luxury Mahindra BeaconHill project in South Mumbai
Mahindra World City Developers Ltd (MWCDL) is a subsidiary of Mahindra Lifespace Developers Ltd, while Mahindra Industrial Park Chennai Ltd is a joint venture between Mahindra World City Developers Ltd and Sumitomo Corporation of Japan.
According to YKK India, this will be its third manufacturing plant in India. The facility will span approximately 149,936 square metres within the integrated industrial cluster and will involve a total investment of $150 million. It is expected to be completed by February 2028.
ALSO READ | Mahindra Lifespace Q3 results: Shares gain 6% as strong residential sales lift profit
With YKK India joining existing global manufacturers including Mitsubishi Electric, Yanmar, and Omron, Origins by Mahindra, Chennai continues to expand its ecosystem of international manufacturing investments.
YKK India is a leading manufacturer and supplier of fastening products, serving the apparel, textile and industrial sectors across India and international markets. The new facility, designed as a state-of-the-art facility integrating YKK’s advanced technologies, will support growing domestic demand and export-oriented manufacturing markets.
It will benefit from a future-ready industrial ecosystem at Origins by Mahindra, offering world-class infrastructure, plug-and-play facilities, a sustainability-enabled ecosystem, and strong connectivity. These advantages support efficient operations, streamlined supply chains, and long-term manufacturing growth.
ALSO READ | Mahindra Lifespace lines up ₹8,000 crore launches to power FY27 pre-sales
Vikram Goel, Chief Business Officer – Industrial, Mahindra Lifespace Developers Ltd, said, "We are delighted to welcome YKK India to Origins by Mahindra, Chennai. The addition of another globally respected manufacturer to our ecosystem reflects the growing confidence of international companies in India's manufacturing capabilities and long-term growth potential.
As businesses diversify supply chains and expand manufacturing capabilities to serve both domestic and export markets, they are increasingly seeking destinations that can support scale, operational excellence and long-term growth.
YKK India's investment further strengthens Origins by Mahindra's position as a preferred destination for global manufacturing investments and reinforces our commitment to enabling high-quality industrial growth in the country."
Shares of Mahindra Lifespace Developers Ltd ended at ₹349.30, down by ₹3.05, or 0.88%, on the BSE.
ALSO READ | Mahindra Lifespace launches ₹1,650 crore ultra-luxury Mahindra BeaconHill project in South Mumbai
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