TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that its Indian subsidiary Mitsubishi Electric India Pvt. Ltd. (MEI) has opened a factory for transportation-systems business in Bidadi, near Bengaluru, India. Mitsubishi Electric is targeting transportation-systems annual revenue of US$ 170 million in India by fiscal 2020, in part by strengthening sales and maintenance services for subways and trains to meet the growing global demand for transportation infrast
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