Voltas proposed a Rs 500 crore compressor plant in partnership with China's Highly International, which has not yet received government clearance. The article is dated 1 January 2023.

Voltas plans a Rs 500 crore compressor plant near Chennai as a joint venture with Highly International, pending government clearance; the JV will also sell to other brands and export.

Voltas plans a Rs 500 crore compressor plant near Chennai as a joint venture with China's Highly International, which is awaiting government clearance under Press Note 3 and PLI approvals.