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Blue Star doubles production capacity of deep freezers

19 May 2022 Evaluate

Blue Star has doubled its production capacity of deep freezers as the company looks to tap the rising demand in the commercial refrigeration business. The company has augmented its manufacturing facility at Wada, Maharashtra with a capital expenditure of around Rs 130 crore.

Now, it has the capacity to produce around 2 lakh deep freezers and 1 lakh storage water coolers per annum. The company is investing in Research & Development to cater to the new market opportunities with the expansion of product portfolio in the segment.

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 1059.00
Blue Star 1497.00
Amber Enterprises 6558.50
EPACK Durable 168.25
Bosch Home Comfort 1997.40
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