Godrej Appliances to invest ₹200 cr in Maharashtra plant.

Godrej Appliances, the consumer durables division of the Godrej Group, said recently that it will invest ₹200 crore to expand the production capacity at its Shirwal manufacturing plant in Maharashtra.

To be operational by the end of 2019, the new factory unit will increase production capacity of premium products by 7 lakh units, including 3 lakh high-end refrigerators and 3 lakh fully automatic washing machines, the company said.

It had also invested ₹200 crore in its Mohali plant last year.

Godrej Appliances Business Head and Executive V-P Kamal Nandi said: “The proposed expansion, once complete, will allow us to meet the increasing demand for premium products from Indian customers and expand our footprint to an even larger area.”

With the latest expansion, the total production capacity of the company will increase by 7 lakh units to 46 lakh units annually, and generate additional employment for 400 people.

HBL