Lawstreet Journal

Godrej Appliances to invest Rs. 100 crores in Ramping up AC manufacturing in India

Lawstreet Journal 19 Apr 2021 8:59pm

Image courtesy: Lawstreet Journal Business Godrej Appliances to invest Rs. 100 crores in Ramping up AC manufacturing in India

An investment of Rs. 100 crores to expand the manufacturing of air conditioners in India (looking at an annual capacity of eight lakh units over the next 3-4 years) has been lined up by Godrej Appliances. 

A new AC manufacturing line has already been established at its Shirwal plant in Maharashtra spread over 1.5 lakh square feet with a capacity of manufacturing 4 lakh units annually. Rs 50 crores out of the Rs 100 crore have already been invested here. This amount has been aimed to enhance its machinery, tools infrastructure and backward integration for the air conditioner category while also catering to AC heat exchanger coils & Indoor Units.

Kamal Nandi, Business Head of Godrej Appliances went on to address the media. He explained how investments into manufacturing are part of Godrej’s plans to ensure 100 percent indigenization of its appliances where they are all made in India. In order to give this vision a shape, Rs 1,100 crore in the last 6-7 years in the manufacturing of appliances and in automation and R&D at its plant have been invested by the company. 

A new range of 30 ACs has been launched by the company, claiming they are fully Made in India along with being eco-friendly air conditioners.

The company said in a statement, “The new air conditioners come with a special ‘Nano-Coated Anti-Viral Filtration Technology’ which eliminates 99.9% viral and bacterial particles coming in contact with the Nano Coated Filter surface, safeguarding consumer health and improve the hygiene at home. The entire new… Continue Reading...


Tagged: Godrej   Godrej Appliances  
Disclaimer: SoOLEGAL in Media collaboration with Lawstreet Journal. SoOLEGAL take no responsbility for the content provided by Lawstreet Journal. For any discrepancies Contact Lawstreet Journal.
Did you find this write up useful? YES 0 NO 0
Edward Dillinger   4 May 2021 3:07am
Am short of words for the amazing profit you helped me earn in just a week with binary options strategy am so sorry I doubted at the beginning, I invested $200 and earn $2,500 in just one week, and kept on investing more, today I am financially successful, you can contact him via email: tdameritrade077@gmail.com Via whatsapp: (+12166263236) I advice you shouldn't hesitate. He's great.
Reply
Featured Members view all

New Members view all

×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.