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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Midea to build Rs 800 crore appliance plant in Pune, India · Endata

◂ Announcements

HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Jun 29, 2017NEW FACILITYPune, India

Midea to build Rs 800 crore appliance plant in Pune, India

Chinese appliance maker Midea plans to invest Rs 800 crore in a 43-acre manufacturing facility in Pune producing refrigerators, washing machines and water appliances, employing 500 people and expected operational by end-2018.

Value

$123.0M (8.00B INR)

Jobs

500

Status

Announced

Capacity

5 lakh refrigerators, 6 lakh washing machines and 10 lakh water appliances per year

Productsrefrigeratorswashing machineswater appliancescompressors and motors

CompaniesMidea

Sectors#HVAC and Industrial Refrigeration #Industrial Machinery

“Spread over 43 acres in Pune, the facility will employ 500 people and be operational by 2018-end.”india.com

1 source
india.comChinese co Midea to invest Rs 800 cr for Pune plant | India.comJun 29, 2017

Summarized from public sources; check the original articles before acting on it.

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Nov 4, 2018NEW FACILITYSupa Parner, Maharashtra, India$190.0M2,000 jobs
Midea's GMCC to build first compressor plant outside China in Maharashtra, India
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