MHI establishes JV subsidiary in India
24th February 2026
INDIA: Japanese manufacturer Mitsubishi Heavy Industries Thermal Systems has established a local subsidiary in India as a production base for air conditioners.
The joint venture with MHI Thermal Systems’ distribution partner in India, IAPL Group, started operations on January 22.
MHI Thermal Systems has been steadily expanding its business in India by importing and selling air conditioners manufactured in Thailand, working in cooperation with IAPL to establish a nationwide sales and service network.
Establishing a local production base in collaboration with its long-time business partner IAPL will allow MHI Thermal Systems to further strengthen its sales network in the fast-growing Indian market, provide regular after-sales service, expand supply to meet increased demand, and bolster its production system and supply chain. In addition, the company says that the establishment of a local supply chain serving local markets will further accelerate business expansion in India.
