# 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.

- Type: Expansion
- Announced: 2022-11-07
- Where: Chennai, Tamil Nadu; Baroda; Pantnagar; Sanand, India
- Value: $122.0M (10.0B INR)
- Status: announced
- Products: air conditioners, compressors, commercial refrigeration, home appliances
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Voltas](https://endata.com/companies/9194.md)
- [Highly International](https://endata.com/companies/7546.md) (partner)

## Sources

- [projectstoday.com](https://www.projectstoday.com/News/Voltas-to-infuse-Rs-1000-cr-towards-capacity-expansion), 2022-11-07: "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."

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