Jaquar Group will invest Rs 300 crore to expand its manufacturing facilities in Rajasthan and Haryana in FY 2018.
A sum of Rs 150 crore will be spent on raising the capacity of faucets’ manufacturing facility located in Bhiwadi in Rajasthan.
The company intends to expand the manufacturing capacity of faucets from 80,000 to 1,00,000 per day. The capacity will be commissioned in next six months.
Jaquar Group will also invest Rs 150 crore in its LED manufacturing facility in Manesar in Gurgaon district of Haryana.