# Danfoss to invest up to Rs 100 crore in Oragadam frequency drive plant near Chennai

Danfoss Industries plans to invest Rs 70-100 crore in a new plant at Oragadam near Chennai to produce 120,000 low-voltage frequency drives, expected to start around September 2019.

- Type: New facility
- Announced: 2019-02-01
- Where: Oragadam, near Chennai, India
- Value: $14.0M (1.00B INR)
- Status: announced
- Capacity: 120,000 drives
- Products: low-voltage frequency drives
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md)

## Sources

- [newsonprojects.com](https://www.newsonprojects.com/news/danfoss-to-invest-up-to-rs-100-crore-in-new-facility), 2019-02-01: "Danfoss Industries will invest between Rs. 70 and Rs. 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.