Salom to invest ₹100 crore in CKD facility in Chittoor, India

Taiwanese power charger manufacturer Salom announced a ₹100 crore investment to set up a CKD facility at Amara Raja's site in Chittoor, Andhra Pradesh, India. The facility will start with 1 million units per month and ramp up to 10 million in 3-4 years.

“The firm will replicate whatever it is doing at its facilities at the Xiamen Island, China.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comTo temper dependence on China, Taiwanese firm Salom to invest ₹100 crore in Indian unit - The HinduBusinessLineKV KurmanathMar 2, 2020

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