Rs.5500 Million New AC Mfg. Plant in Chittoor, Andhra Pradesh
A new air conditioning manufacturing plant is being established in Sri City, Andhra Pradesh, with an estimated cost of Rs.5500 million. The first phase of the project, covering 30,000 sq. meters, is expected to be completed by July 2022, with the plant becoming operational by Q2FY23. It will primarily manufacture room ACs with a maximum capacity of 12 lakh units per annum. The project aims to contribute to the economic growth of the region and create employment opportunities.
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