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Blue Star Ltd acquired a 40-acre land parcel at Sri City, Andhra Pradesh, to set up a commercial air-conditioning systems manufacturing plant with an investment of ₹500 crore. Commercial production is expected to begin in FY25.
“Construction of the plant will begin in financial year 2023-24 and commercial production is expected to begin in FY25.”timesofindia.indiatimes.com
Summarized from public sources; check the original articles before acting on it.