Blue Star to invest Rs 215 crore in 3-4 years – Feedback

Air-conditioner maker Blue Star plans to invest Rs 215 crore in the next 3-4 years to increase its overall production capacity to a million units per year.

The company is in the process of setting up two major facilities, which would redesign and augment its manufacturing footprint, Blue Star said in a statement. The new units at Samba in Jammu and Sri city in Andhra Pradesh will primarily manufacture room ACs, deep freezers and water coolers. “Blue Star has embarked on a manufacturing footprint programme with the help of KPMG. Consequent to that exercise, the company has closed down its Thane and Bharuch plants,” Blue Star said.

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Your email address will not be published.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 *