Blue Star to begin production at Sri City plant by 2021 with Rs 2.3 bn fund

The company is planning to double the number of exclusive brand outlets by next two-three years

Air-conditioner manufacturer Blue Star will start commercial production from its plant at Sri City, Andhra Pradesh, by the end of 2021. The new plant will have an installed capacity of 500,000 units per annum.

The company currently has five plants and the sixth one coming up at Andhra Pradesh will see an investment of Rs 2.3 billion spreading over 25 acres of land.

"We have bought a piece of land at Sri City, Andhra Pradesh. About Rs 2.3 billion will be invested at the proposed plant. In the first phase, Rs 180 million will be spent and the balance in the second phase. By December,