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Board of Whirlpool of India approves expansion of capacity for Single Door Refrigerator

Capital Market 

At meeting held on 09 January 2018

of is proposing to enhance its Single Door Refrigerator existing capacity of 21 Lakh by 6 Lakh per annum from internal sources at an estimated cost of Rs 182 crore to be spent over next 2 years. The setting up of additional capacity is being undertaken in line with Company's focus strategy and to meet the increasing demand of its products since the present capacity utilization of Single Door Refrigerator is around 94%. The same was approved by the Board on 09 January 2018.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 16:48 IST