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Blue Star to invest Rs 175 crore for new manufacturing facility in South India

11 Feb 2013 Evaluate

In a bid to meet the increasing demand for room air-conditioning segment, Blue Star is planning to set up a new manufacturing facility in South India. In this regard, the company will invest around Rs 175 crore.

At present, the company 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.

Earlier in 2011, the company has entered into room AC segment only caters to the market from its two plants in Himachal Pradesh.

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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