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ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Voltas to invest Rs 1,000 crore in capacity expansion · Endata

◂ Announcements

Nov 7, 2022EXPANSIONChennai, Tamil Nadu; Baroda; Pantnagar; Sanand, India

Voltas to invest Rs 1,000 crore in capacity expansion

Voltas will invest over Rs 1,000 crore to expand manufacturing capacity, including a new AC plant near Chennai, Tamil Nadu, and expansions at Baroda, Pantnagar, and Sanand facilities. A proposed Rs 500 crore compressor plant in partnership with Highly International is pending government clearance.

Value

$122.0M (10.0B INR)

Status

Announced

Productsair conditionerscompressorscommercial refrigerationhome appliances

CompaniesVoltas Highly International partner

Sectors#HVAC and Industrial Refrigeration

“Voltas will make an investment of over Rs 1,000 crore towards expansion of its manufacturing capacity including a new plant near Chennai, Tamil Nadu.”projectstoday.com

1 source
projectstoday.comVoltas to infuse Rs 1,000 cr towards capacity expansionwww.projectstoday.comNov 7, 2022

Summarized from public sources; check the original articles before acting on it.

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Dec 18, 2024PARTNERSHIPIndia
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Oct 22, 2023INVESTMENTIndia$156.0M
Voltas plans Rs 1,300 crore investment for AC compressor manufacturing in India
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May 26, 2023NEW FACILITYMadharpakkam, Tiruvallur district, Tamil Nadu, India$60.0M1,500 jobsops 2024
Voltas starts work on new air conditioner factory in Tamil Nadu
Voltas timesofindia.indiatimes.com
Jan 1, 2023PARTNERSHIPIndia$60.5M
Voltas proposes Rs 500 crore compressor plant with Highly International
Highly International partner Voltas partner voltas.com

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