Blue Star has set target revenue of Rs 120 crore from the water purifier business in this financial year (FY20). The company, which sold 70,000 units of water purifiers since 2016, also eyeing to retail 1.20 lakh units.
The company is also aiming to surpass the marketshare of five percent in this vertical during this financial year. The company, in 2019-20, would generate jobs for around 500 people which include recruiting around 200-250 people for its new manufacturing facility being set up in Wada, Maharashtra.
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.