# 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.

- Type: Expansion
- Announced: 2019-04-05
- Where: near Chennai, Tamil Nadu, India
- Value: $1.22M (85.0M INR)
- Status: announced
- Capacity: 120,000 units per annum
- Products: low voltage drives
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

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

## Sources

- [danfoss.com](https://www.danfoss.com/en-in/about-danfoss/news/cf/denmarks-danfoss-to-invest-rs-70-rs-100-crore-in-tn-plant/), 2019-04-05: "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."

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