Danfoss to invest ₹70-100 crore in new Chennai frequency drive plant

Danfoss Industries will invest between ₹70 and 100 crore to set up a new plant at Oragadam near Chennai producing 120,000 low-voltage frequency drives, expected to start around September. The amount shown is the lower bound of the stated range.

“Danfoss Industries will invest between ₹70 and 100 crore to set up a newplant at Oragadam near Chennai to produce low-voltage frequency drives.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comDanfoss to invest up to ₹100 crore on new facility - The HinduBusinessLineJan 31, 2019

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