Godrej to invest over Rs. 200 cr in capacity expansion – Feedback

India’s green technology pioneer Godrej Appliances, part of Godrej & Boyce Manufacturing Company Ltd, will invest Rs. 200 crore on expanding production capacities, and is set to use solar energy in a big way for 50 per cent of its requirements over the next couple of years.

The company, with manufacturing facilities at Shirwal, 50 km from Pune, and at Mohali (near Chandigarh), will invest Rs. 100 crore at each of these two plants to set up additional sheds for expanding capacities of production of air-conditioners, washing machines, refrigerators and microwave ovens, among others. “We are now focusing more on manufacturing premium products and WHO-rated medical refrigerators for storage of blood, medicines and vaccines,” Kamal Nandi, Business Head and Executive Vice-President, Godrej Appliances, told.

http://www.thehindubusinessline.com/todays-paper/tp-news/godrej-to-invest-over-rs-200-cr-in-capacity-expansion/article8651831.ece

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