Japan’s Horiba Group is planning to establish a semiconductor unit in Nagpur, India’s Butibori industrial estate, one of Asia’s largest. Union Minister Nitin Gadkari expressed enthusiasm for attracting more investments to the region during the facility’s inauguration.

On July 6, Horiba India opened a major plant in Nagpur for manufacturing medical equipment and consumables. This unit, the largest of its kind in India, was set up with an investment of Rs 200 crore and will serve 30,000 diagnostic labs across the country.

The Maharashtra government, led by Deputy Chief Minister Devendra Fadnavis, is negotiating with Horiba to finalize land for the semiconductor unit. The planned unit will complement Horiba’s existing operations in automotive emission testing, medical diagnostics, semiconductors, and scientific analytical equipment.

Currently, Horiba operates two units in Maharashtra—one in Pune for technical and research purposes and another in Nagpur for medical equipment. A third facility is located in Haridwar, Uttarakhand, focused on medical reagents.

Horiba India Chairman Jai Hakhu highlighted Nagpur’s growing significance in their expansion strategy. The semiconductor unit will enhance the city’s industrial capabilities and attract additional technological investments.

Horiba Group CEO Atsushi Horiba attended the inauguration, emphasizing the company’s commitment to expanding its presence in India and contributing to the country’s electronics manufacturing sector.

Source: Financial Express