Voltas to invest ₹500 crore in new AC factory in Tirupati

Voltas Ltd, a Tata Group company, will invest over ₹500 crore in a new manufacturing facility in Tirupati, Andhra Pradesh, to produce air conditioners and cooling products. Initial capacity is over one million units, with production expected to start in the second half of 2020.

“Voltas Ltd, a Tata Group company, will invest over ₹500 crore in a new manufacturing facility at Tirupati to manufacture and assemble air conditioners and related cooling products, with an initial capacity of over one million units.”thehindubusinessline.com

• 2 sources
• thehindubusinessline.comVoltas to invest ₹500 crore on new facility in Tirupati - The HinduBusinessLineOur BureauFeb 10, 2019
• andhrapradesh.industry-focus.netVoltas plans new manufacturing facility in Tirupati - Andhra Pradesh Industry NewsAuthorMar 7, 2019

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