Haier to invest over Rs 100 cr in Pune manufacturing unit

News:

• Hair has announced an additional investment of over Rs 100 crore for its Pune-based manufacturing facility, taking the total to Rs 465 crore.
• The company plans to scale up manufacturing operations and launch new product lines in washing machines, AC, LED panels, water heaters and deep freezers.
• The increase in investment will not only enable Haier to explore new world of opportunities but also benefit the consumers, employees, dealers and other key stakeholders.
• The investment will also enable Haier to strengthen local R&D to reinstate capabilities to manufacture customer inspired product innovations as the company is strengthening its network in tier II & III markets.

Source: ET