Blue Star to invest Rs 550 crore in new plant in Sri City, Andhra Pradesh

Blue Star Ltd is investing around Rs 550 crore to build a greenfield manufacturing plant in Sri City, Andhra Pradesh, to produce room ACs with a capacity of 12 lakh units per annum, creating around 1,500 jobs.

“Aligning ourselves to the Make in India' initiative and by leveraging on the PLI scheme by the Indian government, we intend to manufacture certain components in-house at this facility.”business-standard.com

• 3 sources
• business-standard.comBlue Star to invest Rs 550 cr on new plant in Andhra's Sri City | Company News - Business StandardPress Trust of IndiaSep 29, 2021
• sricity.inBlue Star Climatech breaks ground for its production unit in Sri City - Sri CityadminSep 29, 2021
• thermalcontrolmagazine.comBlue Star to invest ₹550 cr on new plant in Andhra's Sri CityTCBU EditorialOct 1, 2021

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