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Blue Star to set up unit in South India

24 Mar 2015 Evaluate

Air-conditioner manufacturer Blue Star is planning to set up a unit in South India at an expected investment of Rs 150 crore by December 2016. In this regard, the company has seen some places in Andhra Pradesh, Telangana and Tamil Nadu to set up its new production unit.

This will be the company’s eighth unit in the country. The company is also thinking of manufacturing deep freezers and water coolers from the unit. The firm’s manufacturing units right now have an installed capacity to roll out four lakh room ACs annually.

Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers.

Peers
Company Name CMP
Voltas 1144.30
Blue Star 1486.80
Amber Enterprises 6988.55
EPACK Durable 177.85
Bosch Home Comfort 1662.50
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