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Voltas to pour Rs 500 cr in manufacturing facility in Andhra Pradesh

Monday, 11 Feb 2019
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Voltas, a Tata Group enterprise, plans to start a new manufacturing facility in Tirupati, Andhra Pradesh.

The facility will come up over 65 acre of land parcel. It will initially manufacture and assemble air-conditioners and related cooling products and have total capacity of more than one million units in the beginning.

The company plans to make an investment of over Rs 500 crore while putting together an OEM base for home appliances, and simultaneously creating local employment opportunities in the region.

The products from the manufacturing unit will start rolling out from H2/2020.

The manufacturing facility will be one of the first cooling appliances unit in the state of Andhra Pradesh.

The new unit will help the company expand its footprint in the Southern market.


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