Blue Star Climatech breaks ground on new manufacturing plant in Sri City
Blue Star Limited, an air conditioning and commercial refrigeration company, said that its newly created fully-owned subsidiary Blue Star Climatech has broken ground on a new manufacturing plant in Sri City, Chittoor District, Andhra Pradesh.
Over the next few years, Blue Star Climatech will invest INR 550 crores in the manufacturing plant in a phased manner. The Blue Star Climatech plant will generate employment opportunities for nearly 1,500 people.
Spread over 20 acres, the Blue Star manufacturing facility in Sri City will mainly manufacture room air conditioners (ACs) with a maximum capacity of 12 lakh units per annum.
The plant is expected to be highly automated and will ensure that the products manufactured are competitive globally.
Blue Star Climatech said that it plans to leverage the Indian government’s production linked incentive (PLI) scheme for manufacturing heat exchangers and sheet metal components at the Sri City facility.
B Thiagarajan — Managing Director of Blue Star Limited said: “Setting up this Plant is a part of our strategic initiative to significantly scale up our manufacturing operations by investing in world-class, Industry 4.0 manufacturing facilities.
“Aligning ourselves to the ‘Make in India’ initiative and by leveraging on the PLI scheme by the Indian Government, we intend to manufacture certain components in-house at this facility. A firm believer in Aatmanirbhar Bharat, we are well on our trajectory to become one of the largest Indian manufacturers in the AC&R industry.”