# Haier to invest ₹3,069 crore in second factory in Greater Noida, India

Haier India signed an agreement with the Uttar Pradesh government to invest ₹3,069 crore in a new factory in Greater Noida, with first phase expected to start commercial production by 2020.

- Type: New facility
- Announced: 2018-09-07
- Where: Greater Noida, Uttar Pradesh, India
- 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
- Products: refrigerators, air conditioners, washing machines, LED TVs

## Companies

- [Haier India](https://endata.com/companies/34207.md)

## Sources

- [livemint.com](https://www.livemint.com/Companies/zyA1RRB5nfdhU6ATHlMSPO/Haierplans-3069-crore-investment-to-set-up-second-factory.html), 2018-09-07: "Haier India, a wholly owned subsidiary of Chinese consumer electronics maker Haier Group, on Friday said it will invest ₹ 3,069 crore to set up a factory in Greater Noida."

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