Haier India to set up new manufacturing facility in Andhra Pradesh
Noida-based consumer electronics maker Haier India has plans to develop a new manufacturing facility at Satyavedu, Tirupati district, Andhra Pradesh.
Spread over 250 acres, the firm will invest Rs 7,000 crore in the project, which will be developed in two phases, with the first phase scheduled to become operational by 2028. Rs 4,500 crore will be deployed in the first phase, and Rs 2,500 crore will be deployed in the second phase 2.
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