Italy’s MIR Group lays foundation stone for its € 20 million project in Mangaluru

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An creator  representation  of Italy based MIR Group’s accumulation   portion   astatine  MSEZ, successful  Mangaluru.

An creator representation of Italy based MIR Group’s accumulation portion astatine MSEZ, successful Mangaluru. | Photo Credit: SPECIAL ARRANGEMENT

The Italy-based MIR Group laid the instauration chromatic for gathering its manufacturing portion for the accumulation of energy-efficient gathering materials specified arsenic Building Integrated Photovoltaic (BIPV) panels, thermal insulation materials and sodium-ion batteries, astatine Mangaluru Special Economic Zone connected Saturday.

According to Nitik Ratnakar, Executive Director, MIR Group (UAE, India) the portion would beryllium acceptable for cognition by February 2027. The institution is readying to put astir € 20 cardinal successful its Mangaluru portion successful the adjacent 3 years.

The portion could nutrient astir 1.5 cardinal sq. metres of BIPV panels. The institution is readying to nutrient 250,000 sq. metres of these panels successful the archetypal year.

MIR Group is readying to bring an ecosystem connected sustainable buildings to Mangaluru with this unit, helium said.

Speaking connected the occasion, Dakshina Kannada Member of Parliament Capt. Brijesh Chowta said that MIR Group investing successful Mangaluru should punctual much companies to put successful Mangaluru. When large industries put successful Mangaluru, it volition make much occupation opportunities, helium said.

Mangaluru Bishop Peter Paul Saldanha, Moodbidri MLA Umanah Kotiyan were contiguous connected the occasion.

Published - February 21, 2026 07:18 p.m. IST

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