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Haier India will invest Rs 700 crore in a new AC plant at its Greater Noida site, adding 2.5 million units capacity, and Rs 100 crore in a PCB unit. The PCB unit starts production in October 2025; the AC plant is to be completed by 2026.
“We have received all necessary local permissions for this investment, which is to prepare for the future, reduce dependence on imports and build a local component ecosystem.”manufacturing.economictimes.indiatimes.com
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