Loading…
Samsung will set up a compressor plant at an outlay of Rs 1,588 crore on 22 acres near Chennai, with capacity of eight million units a year. The compressors will supply Samsung refrigerators and exports. Samsung India signed an MoU with the Tamil Nadu government.
Schwing Stetter India signed an MoU with the Tamil Nadu Government at the Global Investors Meet 2019 to invest INR 237 crore immediately in a new plant in Cheyyar, scaling to INR 350 crore over four years, with 200 jobs planned.