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Godrej Appliances to invest Rs 200 crore to ramp up production

In April, Godrej Appliances had said it was planning to increase the number of exclusive brand outlets in the country

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Godrej Appliances

Press Trust of India  |  New Delhi 

Godrej Appliances

will invest Rs 200 crore to hike production at its two manufacturing units.

" intends to undertake brownfield expansion at two of their existing home appliances manufacturing facilities based at Shirwal, near Pune, and Mohali in Punjab," the company said in a statement.

It further said: "Entailing an investment of around Rs 200 crore, the brownfield projects will help to ramp up production of air conditioners, washing machines and refrigerators at both locations."

Business Head and EVP Kamal Nandi said: "The proposed expansion will allow us to meet the increasing demand from customers and expand our footprint to an even larger area."

In April, Godrej Appliances had said it was planning to increase the number of exclusive brand outlets in the country within a year to 100 from 42 at present.

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First Published: Mon, June 13 2016. 15:57 IST
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