Jmatek to invest ₹100 crore in India.

Hong Kong-based Jmatek group, which holds the global licence for Honeywell air coolers, portable air conditioners and dehumidifiers, plans to make India its export hub for South-East Asia, Africa and West Asia.

The company, which is planning to invest ₹100 crore to set up a design and development centre and a new production unit, would also expand its presence in the domestic market with its range of AirTek air coolers and dehumidifiers, said Jmatek MD and CEO Naresh Kumra.

HBL