Thermocool to set up new manufacturing facility in Ghaziabad
Ghaziabad-based Thermocool Home Appliances Ltd has plans to develop a new manufacturing facility in the city. Spread over 2 acres, the new facility will manufacture air coolers, fans, and small appliances, with planned annual production capacities of 3–4 lakh air coolers, 3–5 lakh fans, and 1–2 lakh small appliances.
The firm will invest Rs 40 crore in the development of the project that will help the firm increase its production capacity, strengthen backward integration and expand its product portfolio.
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