Godrej Appliances, part of Godrej & Boyce Manufacturing Company, will invest Rs 200 crore in expanding production capacities, and is set to use solar energy in a big way for 50 percent of its requirements over the next couple of years.
The company, with manufacturing facilities at Shirwal, 50 km from Pune, and at Mohali (near Chandigarh), will invest Rs 100 crore at each of these two plants, to set up additional sheds for expanding capacities of production of air-conditioners, washing machines, refrigerators and microwave ovens, among others.
The two plants’ combined manufacturing capacities in case of air-conditioners will, after expansion, increase from 3 lakh to 6 lakh per annum, while those of refrigerators will go up from 30 lakh to 32 lakh and washing machines from 4 lakh to 10 lakh.
The Mohali unit also manufactures compressors, the capacity of which will increase from 23 lakh to 27 lakh annually.