Whirlpool of India, a consumer appliances major, plans to invest Rs. 375 crore to expand its Pune manufacturing facility which makes refrigerators.
Whirlpool signed a memorandum of understanding (MoU) with the government of Maharashtra during the Magnetic Maharashtra Convergence 2018 event in Mumbai. As per the MoU, Whirlpool may expand its refrigerator manufacturing capacity at the facility in two phases over the next five years. This will involve putting up a new refrigeration line in a new building and creating innovative products.