# Voltas to invest over Rs 1,000 crore in manufacturing capacity expansion

Voltas plans over Rs 1,000 crore of investment in manufacturing capacity, including a new plant near Chennai, Tamil Nadu, plus additional spending in Baroda, Pantnagar and Sanand.

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

## Companies

- [Voltas](https://endata.com/companies/9194.md) (investor)

## Sources

- [equitypandit.com](https://www.equitypandit.com/voltas-invests-rs-1000-crore-amid-capacity-expansion/), 2022-11-07: "Voltas will participate in over Rs 1,000 crore to increase manufacturing capacity with a brand-new plant close to Chennai."

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