Elista, a manufacturer of electronics and home appliances, announced that it will spend Rs 250 crore to build a cutting-edge 1,32,300 square foot facility in Andhra Pradesh. The facility is expected to be operational by the first quarter of 2024.
The company was established in 2020 and produces mobile accessories, home appliances, IT, and electronics. Elista follows the ‘Atmanirbhar’ manufacturing principle from India and is a member of the Tekno Dome Group, based in the UAE.
With this, the Noida-based company also declared that it would get into the chest freezer industry.
According to a company statement, these chest freezers have a durable design, higher cooling capacity and extra-large capacity to cater to all needs.