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Haier India to invest Rs. 360 cr for expanding manufacturing capacity

Industry Engineering

Haier India is planning to expand refrigerators manufacturing capacity and to start manufacturing washing machines, LED TVs, water heaters and air-conditioners at Ranjangaon, Pune in India. It expects the additional capacity to go on stream by 2017. Approximate cost of the project is around Rs.360 crores.

Extracted from HBL, May 27,’15

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