# Ingersoll-Rand India board approves new Gujarat manufacturing plant

Ingersoll-Rand (India) Limited's board approved on December 22, 2022 a new manufacturing plant in Gujarat, India, with an investment of about INR 170 crore. The plant will add 5,000 units per month initially by September 2024 and make air compressors, air treatment devices and hydrogen compressors.

- Type: New facility
- Announced: 2022-12-22
- Where: Gujarat, India
- Value: $20.7M (1.70B INR)
- Status: announced
- Capacity: 5,000 units per month initially
- Products: air compressors, air treatment devices, hydrogen compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ingersoll-Rand (India)](https://endata.com/companies/10044.md)
- [Ingersoll Rand](https://endata.com/companies/1905.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/INGERSOLL-RAND-INDIA-LIMI-9743107/news/Ingersoll-Rand-Limited-Approves-Setting-Up-New-Manufacturing-Plant-to-Be-Situated-in-Gujarat-State-42621890/), 2022-12-22: "Investment required is About INR 170 crores (plus contingency of up to a maximum of 7%)."

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