Danfoss India plans ₹100 crore investment to expand operations

Danfoss India announced a four-point plan including a ₹100 crore investment over two years to expand its mother plant in Oragadam, increase localisation from 40% to 71%, and double production capacity of hydraulics cooling drives in Pune and heat exchangers in Baroda. Additionally, a new plant for low-voltage drives will be set up with $15 million investment, operational by September 2019.

“Over the next two years, we will invest in capital expenditure, increase indigenisation level and double our presence and products.”thehindu.com

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• thehindu.comDanfoss draws up four-point plan to strengthen operations in IndiaN AnandFeb 9, 2019

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