Construction works for the Voltas Manufacturing Facility in Tamil Nadu have begun according to the leading, six-decade company, Voltas. During the groundbreaking ceremony, Noel Tata, the chairman of Voltas was present. In addition to other senior personnel, the Managing Director, Pradeep Bakshi was also in attendance.
In total, Voltas Manufacturing Facility Project spans over 150 acres. Over the next couple of years, Voltas stated that it will invest over Rs 500 crore towards the facility. It aims to produce high-quality room air conditioners (RACSs). Upon completion and official operation, the factory strives to manufacture globally competitive products. Moreover, the development will serve as an extension to the current RAC facility that is in Pantnagar.
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Overview of the Voltas Manufacturing Facility Project in Tamil Nadu
While commenting on the project, Pradeep Bakshi said that the project will greatly play a significant role towards augmenting Voltas’ capacity. Especially, when it comes to catering to the ever-growing consumer demand across India. Furthermore, the facility will assist in expanding the company’s footprint and presence, especially, within Southern India.
At an estimate, the Voltas Manufacturing Facility Project will potentially create employment opportunities for about 1500+ workers. Furthermore, it aims to be fully operational within this fiscal year. Additionally, the project forms part of the company’s “Make In India” initiative. Quite impressively, Voltas was an active participant in the government’s production-linked incentive scheme in the last fiscal year.
Currently, the company operates a total number of four manufacturing units in India. Alongside room air conditioners, it also manufactures various components including compressors. in addition to a range of products such as water dispensers, air purifiers, commercial refrigeration as well as air coolers. Taking it a step further, through a joint venture with Arcelike, Voltas has introduced a line of home appliances; Voltas Beko.
