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Blue Star to invest Rs 215 crore in 3-4 years

The company is in the process of setting up two major facilities, which would redesign and augment its manufacturing footprint, Blue Star said in a statement.

February 22, 2016 / 16:11 IST
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Air-conditioner maker Blue Star plans to invest Rs 215 crore in the next 3-4 years to increase its overall production capacity to a million units per year.

The company is in the process of setting up two major facilities, which would redesign and augment its manufacturing footprint, Blue Star said in a statement.

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The new units at Samba in Jammu and Sri city in Andhra Pradesh will primarily manufacture room ACs, deep freezers and water coolers.

Meanwhile, the AC maker has closed its two units at Thane and Bharuch.