Chinese electrical appliance manufacturer, Midea Group plans to invest Rs 800 crore to establish a manufacturing facility in India.

The company will acquire 43 acre of land in Supa Parner Industrial Park II near Pune, Maharashtra, to set up a greenfield manufacturing facility for consumer home appliances and components.Facility will manufacture five lakh refrigerators, six lakh washing machines and ten lakh water appliances. An exclusive manufacturing facility to manufacture compressors and motors for appliances will also be set up.

http://www.projectstoday.com/News/Midea-Group-to-set-up-Rs-800-cr-manufacturing-facility-in-India

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *