◂ Announcements

Sep 7, 2018NEW FACILITYGreater Noida, Uttar Pradesh, India

Haier to set up second manufacturing facility in Greater Noida, India

Haier Appliances signed an MoU with the Uttar Pradesh government to establish its second manufacturing facility in Greater Noida with an investment of Rs 3,069 crore, expected to begin operations by 2020.

Value

$430.0M (30.7B INR)

Jobs

4,000

Starts operating

2020

Status

Announced

Capacity

2 million refrigerators, 1 million air conditioners, 1 million washing machines, 1 million LED TVs annually

Productsrefrigeratorsair conditionerswashing machinesLED TVs

CompaniesHaier Appliances

“Haier will invest Rs 3069 crore for setting up its industrial park in the state over the next four years in two phases.”retail.economictimes.indiatimes.com

1 source
retail.economictimes.indiatimes.comHaier to set up its second manufacturing facility in UP; to invest Rs 3,069 crwww.ETRetail.comSep 7, 2018

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

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