Credit rating agency, CARE has reaffirmed A1+ rating to Blue Star’s Short-term Bank Facilities worth Rs 1010 crore, which was enhanced from Rs. 810 crore. The company has received the said rating on the back of its proven track record and dominant market position in the central air-conditioning and cooling products business, reputed client base, pan-India presence with a wide marketing and dealers network.
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. The company has six manufacturing facilities located at Thane, Bharuch, Dadra, Himachal and Wada.
