# Danfoss India to invest Rs 25 crore in expanding production

Danfoss India will invest Rs 25 crore in expanding production capacity of its cooling product range, targeting to close 2020 with a turnover of Rs 2,000 crore.

- Type: Expansion
- Announced: 2020-03-08
- Where: Chennai, India
- Status: announced
- Products: cooling products, industrial refrigeration, drives
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

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

## Sources

- [energy.economictimes.indiatimes.com](https://energy.economictimes.indiatimes.com/news/power/denmarks-danfoss-to-increase-investments-in-india/74534124), 2020-03-08: "Danfoss India will be investing Rs 25 crore in expanding production here and targets to close 2020 with a turnover of Rs 2,000 crore."

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