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Haier Appliances India is investing an additional Rs 1,000 crore to expand its Noida campus, increasing air conditioner production capacity to over 4 million units. The expansion includes a new AC plant expected to be completed by 2026, creating 3,500 jobs.
“We have already invested Rs 1,400 crore in Phase 1. The current investment includes Rs 200 crore for injection moulding, Rs 100 crore for PCB manufacturing, and Rs 700 crore for the AC plant.”moneycontrol.com
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