Novamax Technologies to set up a new manufacturing facility in Noida
Noida-based electrical appliances maker Novamax Technologies will set up a new manufacturing facility in the Delhi-Mumbai Industrial Corridor (DMIC), with an investment of Rs 200 crore. The facility will be located in the Surajpur Industrial Area in Greater Noida as the company expands into categories such as air conditioners and washing machines.
According to the company, the DMIC’s industrial infrastructure and connectivity will support its manufacturing, logistics and supply-chain operations. Novamax Technologies also operates a manufacturing facility in Gorakhpur.
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