{"id":11962,"date":"2022-11-08T04:48:08","date_gmt":"2022-11-08T04:48:08","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=11962"},"modified":"2023-01-25T10:46:29","modified_gmt":"2023-01-25T10:46:29","slug":"voltas-to-invest-rs-1000-crore-to-increase-capacity-plans-new-plant-near-chennai","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/voltas-to-invest-rs-1000-crore-to-increase-capacity-plans-new-plant-near-chennai\/","title":{"rendered":"Voltas to invest Rs 1,000 crore to increase capacity, plans new plant near Chennai"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/11962?pdf=11962\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/07\/Gurits-new-plant-in-Oragadam-goes-onstream.jpg\" \/><\/p>\n<p>Voltas&#8217; managing director Pradeep Bakshi has said the company will spend over Rs 1,000 crore to increase its manufacturing capacity, including at a new plant close to Chennai, while a second proposed Rs 500 crore compressor plant in partnership with China&#8217;s Highly International is still awaiting government approval.<\/p>\n<p>According to Bakshi, the proposed investments are intended to support the pace of growth of the by Tata owned home appliance manufacturer, ensure its position as a leader in commercial refrigeration and air conditioning, and realise its ambition to rank among the top three brands in home appliances like refrigerators and washing machines.<\/p>\n<p>According to him, as the Press Note 3 and PLI approvals are still pending, the proposed compressor facility in joint venture with Highly under the production-linked incentive (PLI) scheme is indefinitely delayed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report Voltas&#8217; managing director Pradeep Bakshi has said the company will spend over Rs 1,000 crore to increase its manufacturing capacity, including at a new plant close to Chennai, while a&#8230; <\/p>\n","protected":false},"author":4,"featured_media":9430,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[585],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/07\/Gurits-new-plant-in-Oragadam-goes-onstream.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11962"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=11962"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11962\/revisions"}],"predecessor-version":[{"id":11963,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11962\/revisions\/11963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/9430"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=11962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=11962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=11962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}