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Voltas plans to set up compressor manufacturing unit in partnership with international partner

29 Nov 2021 Evaluate

Voltas is planning to set up a compressor manufacturing unit in partnership with an international partner and will invest around Rs 500 crore. The company has already filed for PN3 (Press Note 3) approval and it is waiting for it. The company’s international partner is one of the largest compressor manufacturers globally.

Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

Peers
Company Name CMP
Voltas 1127.30
Blue Star 1595.75
Amber Enterprises 6239.60
EPACK Durable 162.95
Bosch Home Comfort 1766.45
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