# Danfoss to invest ₹100 crore expanding power drives production in Chennai

Danfoss India plans to invest ₹100 crore from January 2021 to expand production of power drives at its Oragadam factory in Chennai, adding about 300 jobs and expanding its drive range from one variant to six.

- Type: Investment
- Announced: 2020-11-18
- Where: Oragadam, Chennai, India
- Value: $13.5M (1.00B INR)
- Jobs: 300
- Status: announced
- Capacity: Drive range expanding from one variant to six
- Products: power drives
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [thehindu.com](https://www.thehindu.com/business/danfoss-to-invest-100-cr-in-power-drives/article33127518.ece), 2020-11-18: "We have decided to expand our current range of power drives that calls for an investment of ₹100 crore [from] January 2021 onwards"

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