PG Electroplast is setting up an air conditioning compressor manufacturing plant in Greater Noida, Uttar Pradesh, with estimated value of Rs 350 crore and production scheduled to begin in the second half of 2026. Half of output will serve its own AC units.
PG Electroplast will build an air conditioning compressor manufacturing plant with a capital expenditure of Rs 350 crore. Half of production will supply its in-house AC units and the rest will be sold to external customers, with production slated to begin in H2 2026.
PG Electroplast announced a Rs 100 crore investment over two years to expand its Ahmednagar plant in Maharashtra, creating over 600 local jobs and lifting AC indoor unit capacity to over 1.5 million and outdoor unit capacity to over 1 million.