# Carrier India to invest ₹1,000 crore in new manufacturing unit in Sri City

Carrier Air Conditioning and Refrigeration Limited has signed a lease deed with Sri City for a new manufacturing facility on 39 acres in Tirupati district, Andhra Pradesh. The ₹1,000 crore investment is expected to create 1,000 direct and 2,000 indirect jobs.

- Type: New facility
- Announced: 2026-02-17
- Where: Sri City, Tirupati district, Andhra Pradesh, India
- Value: $120.0M (10.0B INR)
- Jobs: 1,000
- Status: announced
- Products: commercial cooling solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carrier Air Conditioning & Refrigeration](https://endata.com/companies/24172.md)
- [Carrier Global Corporation](https://endata.com/companies/7380.md) (partner)

## Sources

- [thehindu.com](https://www.thehindu.com/business/Industry/carrier-india-all-set-to-invest-1000-crore-in-manufacturing-unit-in-sri-city/article70644066.ece), 2026-02-17: "The new facility would meet the rising demand for sustainable and energy-efficient commercial cooling solutions by integrating green manufacturing practices to generate local employment."
- [magzter.com](https://www.magzter.com/stories/newspaper/Business-Standard/COOLING-HUB-SRI-CITY-GETS-A-CARRIER-LEGACY-STAMP), 2026-02-17: "Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ₹1,000 crore for a new manufacturing unit at Sri City."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.