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Blue Star plans to set up a manufacturing plant in South India: Report

07 Jan 2014 Evaluate

Blue Star, India’s oldest air conditioner (AC) maker is reportedly planning to set up a manufacturing facility in South India at a cost of Rs 150 crore. The company is also planning to double its inverter AC sales this year. Inverter AC is built with a device that adjusts with the change temperature smartly and reduces consumption of electricity by about 30% than any 5-star rated AC.  Further, the hike in power tariffs in some States will also boost sales.

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.

Peers
Company Name CMP
Voltas 1146.60
Blue Star 1488.50
Amber Enterprises 6972.25
EPACK Durable 177.65
Bosch Home Comfort 1662.50
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