Samsung to build Rs 1,588 crore compressor plant in Tamil Nadu

Samsung will set up a compressor plant at an outlay of Rs 1,588 crore on 22 acres near Chennai, with capacity of eight million units a year. The compressors will supply Samsung refrigerators and exports. Samsung India signed an MoU with the Tamil Nadu government.

“Samsung will set up a compressor plant at an outlay of Rs 1,588 crore near here, a senior group official said on Tuesday.”business-standard.com

• 2 sources
• business-standard.comSamsung to set up compressor plant in TN at outlay of Rs 1,588 cr | Company News - Business StandardMar 15, 2022
• hindustantimes.comCM, Samsung sign pact to set up ₹1588 cr worth compressor plant| India NewsMar 15, 2022

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