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PG Electroplast’s arm enters into MoU to setup air conditioner plant in Rajasthan

27 May 2023 Evaluate

PG Electroplast’s wholly owned subsidiary -- PG Technoplast has entered into Memorandum of Understanding (MOU) for a 9-year term lease for an industrial building. The facility will be built-to-suit as per PG’s specifications. PG will invest over Rs 100 crore and setup a world-class backwards integrated Room Air Conditioner manufacturing plant in the facility located in Rajasthan.

PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.

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