Origins by Mahindra, Chennai signs YKK India as the latest addition to its growing ecosystem of global manufacturers

Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers Limited and Sumitomo Corporation of Japan, announced that YKK India Private Limited, the Indian subsidiary of YKK Corporation, will establish a new manufacturing facility at Origins by Mahindra, Chennai. According to YKK India, this will be the third manufacturing plant in the country and will be spread across approximately 149,936 square metres with total investment amount of USD 150 million within the integrated industrial cluster. The facility is expected to be completed by February 2028.

With YKK India joining a growing roster of global manufacturers including Mitsubishi Electric, Yanmar and Omron, Origins by Mahindra, Chennai continues to strengthen its position as a preferred destination for international manufacturing investments in India.

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-theart 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, sustainability-enabled ecosystem, and strong connectivity. These advantages support efficient operations, streamlined supply chains, and long-term manufacturing growth.

Vikram Goel, Chief Business Officer - Industrial, Mahindra Lifespace Developers Limited, 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."

Origins by Mahindra, Chennai is strategically located on NH16 and lies within the influence zones of the Chennai-Bengaluru Industrial Corridor (CBIC) and the Chennai-Visakhapatnam Industrial Corridor (CVIC). The industrial cluster offers strong connectivity to key industrial hubs, ports, and logistics infrastructure, enabling efficient operations for manufacturing-led businesses.

Shares of Mahindra Lifespace Developers Limited was last trading in BSE at Rs. 349.90 as compared to the previous close of Rs. 346.25. The total number of shares traded during the day was 6517 in over 276 trades.

The stock hit an intraday high of Rs. 352.45 and intraday low of 343.10. The net turnover during the day was Rs. 2274684.00.

Source : Equity Bulls

Keywords

MahindraLifespaceDevelopers INE813A01018 Realty MIPCL JV YKKIndia ManufacturingFacility OriginsbyMahindra Chennai