Tuesday, May 7, 2024
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Blue Star to double capacity to 1 mn from 2022

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Indore: Air-conditioning and refrigeration major Blue Star on Thrusday said with the commissioning of its proposed plant in Andhra its capacity will doubel to 10 lakh units per annum by 2022. The company is building a Rs 180-crore plant at Sri City in Andhra, the work on which will begin in 2021 and will be completed by 2022. The Mumbai-based company currently has an annual capacity of 5 lakh units at its Sirmaur, Himachal plant.
“As per the current plan, we will begin construction of the new plant at Sri City on a 20-acre plot in 2021 with an estimated investment of Rs 180 crore. By the end of 2022, the plant will be ready for commissioning,” Blue Star sales & marketing president CP Mukundan Menon told PTI here on Thursday. (PTI)

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