# 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.

- Type: Investment
- Announced: 2019-02-09
- Where: Oragadam, Chennai; Pune; Baroda, India
- Value: $1.40M (100.0M INR)
- Starts operating: Sep 2019
- Status: announced
- Capacity: 120,000 low-voltage drives per annum (new plant)
- Products: low-voltage drives, hydraulics cooling drives, heat exchangers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md)
- [Danfoss India](https://endata.com/companies/37208.md)

## Sources

- [thehindu.com](https://www.thehindu.com/business/danfoss-draws-up-four-point-plan-to-strengthen-operations-in-india/article26225451.ece), 2019-02-09: "Over the next two years, we will invest in capital expenditure, increase indigenisation level and double our presence and products."

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