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Blue Star to set up two new facilities: Report

27 Jan 2016 Evaluate

In order to expand its manufacturing capacity, Blue Star is reportedly planning to set up two new facilities, one in Jammu and the other at Sri City, near Tada, about 60 km to the North of Chennai. These new facilities will increase the production of room ACs by around 5 lakh units.

As significant percentage of sales come from the southern region, the unit at Sri City will help the company to bring down transportation cost that account for about 7%. The two facilities planned at a cost of Rs 150-175 crore and will be operational by 2017.

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 1669.60
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