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Haier to set up new manufacturing plant

Wednesday, 19 Feb 2014
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Haier, a consumer appliances and electronic goods maker, is planning to set up a new manufacturing facility in the north region.

The company will invest Rs 100 crore for setting up the project. After commissioning its expansion project in Pune, by May 2015, the company will commence work on the proposed new plant. Haier is yet to finalise the project site in the north region.

At its Pune facility, the company is manufacturing washing machines and refrigerators, with an estimated investment of Rs 100 crore.

Further, the company intends to start producing some models of flat panels in India. Recently, it launched 71 new products in four categories -- washing machines, refrigerators, air conditioners, and panels -- under its 'i-age'.


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