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GROUPE ATLANTIC is investing nearly €150 million in a new 35,000 square metre heat pump factory in the Chalon region of Saône-et-Loire, expected to create 300 jobs and add 180,000 units a year by 2028.
Hintastica, a 50-50 joint venture of Hindware Home Innovation and Groupe Atlantic, inaugurated a geyser plant in Jadcherla with a Rs 210 crore investment and 500 planned jobs. A further Rs 100-150 crore expansion is planned to lift capacity by at least 50%.