Omron Healthcare, a Japanese manufacturer and distributor of personal healthcare products, plans to invest $128 million in a medical device manufacturing plant in Tamil Nadu.

According to a press release from the State government, a memorandum of understanding (MoU) was signed in the presence of Tamil Nadu Chief Minister MK Stalin on Tuesday in Osaka, Japan.

With exports to over 120 countries, the OMRON Group has a diverse business presence that includes industrial automation, healthcare devices, and electronic component manufacturing.

The company manufactures home blood pressure monitoring kits, portable main management devices, fitness devices including wearables, and respiratory devices such as table-top nebulizer systems under the healthcare business, to name a few.

Over the last week, the Tamil Nadu Chief Minister has been touring Singapore and Japan to attract investments and invite business communities to the Global Investor Meet (GIM) in January 2024.

On Monday, Tamil Nadu signed six Memorandums of Understanding (MoUs) worth 818.9 crore with Japanese companies to establish various manufacturing facilities across the state.