# 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.

- Type: New facility
- Announced: 2019-02-10
- Where: Tirupati, Andhra Pradesh, India
- Value: $7.00M (500.0M INR)
- Starts operating: Q3 2020
- Status: announced
- Capacity: over 1 million units per annum
- Products: air conditioners, cooling products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Voltas](https://endata.com/companies/9194.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/voltas-to-invest-over-rs-500-cr-to-set-up-plant-in-tirupati/article26229566.ece), 2019-02-10: "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."
- [andhrapradesh.industry-focus.net](https://andhrapradesh.industry-focus.net/2019/03/07/voltas-plans-new-manufacturing-facility-in-tirupati/), 2019-03-07: "The company plans to invest ₹ 5,000 million to set up a manufacturing facility which will have a production capacity of 1.0 million units of airconditioners per annum."

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