1. Godrej Appliances to invest Rs 200 cr to ramp up production

Godrej Appliances to invest Rs 200 cr to ramp up production

Godrej Appliances will invest Rs 200 crore to hike production at its two manufacturing units.

By: | New Delhi | Updated: June 13, 2016 7:05 PM
In April, Godrej Appliances had said it is planning to increase the number of exclusive brand outlets (EBOs) in the country within a year to 100 from 42 at present. (PTI) In April, Godrej Appliances had said it is planning to increase the number of exclusive brand outlets (EBOs) in the country within a year to 100 from 42 at present. (PTI)

Godrej Appliances will invest Rs 200 crore to hike production at its two manufacturing units.

“Godrej Appliances intends to undertake brownfield expansion at two of their existing home appliances manufacturing facilities based at Shirwal, near Pune, and Mohali in Punjab,” the company said in a statement.

It further said: “Entailing an investment of around Rs 200 crore, the brownfield projects will help to ramp up production of air conditioners, washing machines and refrigerators at both locations.”

Also Read: Godrej Appliances in tie-up with UK firm Sure Chill for medical refrigerators

Godrej Appliances Business Head and EVP Kamal Nandi said: “The proposed expansion will allow us to meet the increasing demand from customers and expand our footprint to an even larger area.”

Also Read: Godrej to battle deep discounts by e-retailers, says working on online strategy

In April, Godrej Appliances had said it is planning to increase the number of exclusive brand outlets (EBOs) in the country within a year to 100 from 42 at present.

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