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Godrej Appliances to invest Rs 200 cr in Shirwal plant

Press Trust of India  |  New Delhi 

Godrej Appliances, the consumer durables division of the Godrej Group, said today that it will invest Rs 200 crore to expand the production capacity at its Shirwal manufacturing plant in Maharashtra.

To be operational by the end of 2019, the new factory shed will increase production capacity of premium products by 7 lakh units, including 3 lakh high-end refrigerators and 3 lakh fully automatic washing machines, the company said.

It had also invested Rs 200 crore in its Mohali plant last year.

Godrej Appliances Business Head and EVP Kamal Nandi said: "The proposed expansion, once complete, will allow us to meet the increasing demand of premium products from Indian customers and expand our footprint to an even larger area."

With the latest expansion, the total production capacity of the company will increase by 7 lakh units to 46 lakh units annually, and generate additional employment for 400 people.

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

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First Published: Wed, November 22 2017. 18:10 IST