Godrej Appliances, a Godrej & Boyes business, launched its range of air conditioners (AC) made in India on 15 April. The firm is investing Rs 100 crore in both manufacturing units at Shirwal and Mohali by 2025, increasing their AC production capacity to 825 units.
The company claimed in a statement that the new air conditioners come with a special ‘nano-coated anti-viral filtration technology’ to eliminate 99.9 percent of viral and bacterial particles exposed to the nano-coated filter surface. It is said.
Godrej Appliances also said that it has installed a new AC manufacturing unit at its Shirwal factory. The entire new range, spanning 30 models, uses eco-friendly refrigerants – R290 and R32, thus offering the lowest global warming potential (GWP).
Kamal Nandi, Business Head and Executive Vice President – Godrej Appliances, told Moneycontrol that the brand has invested Rs 50 crore in the capital, which includes machinery, equipment infrastructure and backward for the air conditioner category including AC heat exchanger coil and indoor units Is dedicated to integration.
He said that this would add 400,000 units of AC production capacity at Shirwal in 2021. AC production capacity with additional production by 2025 will total 400,000 units with an additional investment of Rs 100 crore.
Although the government has approved the production-linked incentive (PLI) scheme for several sectors including white goods (AC and LED), Nandi explained that the company is studying the plan and will take a decision based on long-term benefits.
While their market share in the AC category is around 5 percent, the brand is aiming for a 10 percent share in AC over the next three years.
Over the past seven years, the brand has invested Rs 1,100 crore in capacity, R&D and technology expansion, reflecting its commitment to ‘Make in India’. The brand recently inaugurated its new air conditioner manufacturing unit at its Shirwal factory in Maharashtra.
“We are working towards improving our indigenous manufacturing capabilities through backward integrations, moving one step closer to being able to manufacture most of our product categories in our home. The newly installed air conditioner manufacturing unit Yet another concrete step in bringing us alive. ” Taking care of the environment, the vision of the founder of a self-reliant India, ”he said.