Blue Star to set up its second plant in Gujarat near Ahmedabad
December 23, 2011
Ahmedabad, 23 December 2011
Air-conditioning and commercial refrigeration company Blue Star today said it is setting up a new 15,000 square meters plant in Changodar, near Ahmedabad at an initial investment of Rs 15 crore and is likely to start production from the facility by the end of this fiscal. The new plant will manufacture refrigeration products such as deep freezers, bottle coolers, milk coolers and water coolers. It will have the capacity to manufacture one lakh units annually in the initial phase.
This will be the second plant of Blue Star in Gujarat. The company has its existing refrigeration products manufacturing plant in central Gujarat’s Bharuch. The company currently has six plants across the country.
“The investment on the plant could go up to Rs 45-50 crore, depending on its expansion plans in the future,” Blue Star Managing Director Satish Jamdar.
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