Danfoss to invest Rs 70-100 crore in Indian plant for low voltage drives

Danfoss A/S will expand its Indian plant near Chennai with an investment of Rs 70-100 crore to manufacture 120,000 units per annum of low voltage drives for HVAC applications.

“We are expanding the production capacity of the drives. We will be investing about Rs 70-100 crore to make 120,000 units per annum of low voltage drives.”danfoss.com

• 1 source
• danfoss.comDenmark's Danfoss to invest Rs 70-Rs 100 crore in TN plant | DanfossApr 5, 2019

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