# 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.

- Type: New facility
- Announced: 2019-01-31
- Where: Oragadam, Chennai, India
- Value: $9.86M (700.0M INR)
- Status: announced
- Capacity: 120,000 drives
- Products: low-voltage frequency drives
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Danfoss Industries](https://endata.com/companies/4547.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/danfoss-to-invest-up-to-100-crore-on-new-facility/article26140918.ece), 2019-01-31: "Danfoss Industries will invest between ₹70 and 100 crore to set up a newplant at Oragadam near Chennai to produce low-voltage frequency drives."

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