Ad Here  
Realty sector takes a break... Three more leather clusters… Chennai to get a roundabout Metro - An aerospace-defence cluster in Tamil Nadu… STFC raises money Illicit markets a concern to growing economy OBO Bettermann for better lightning protection An American alliance in the chemical industry? European crisis is a global crisis! Inclusive and forward moving... Investor friendly Japan Indian Bank – global businesses crosses Rs 3 lakh crore... Business Briefs Brand leaders come forward... Adding Zest to Scooty Rating of states to be released soon Chennai Port is at last decongested! Striking cords for 25 years… Veritas Finance- financing the unfinanced TII’s single largest investment at Thiruthani Airlines wage price war Downsizing spree... BRICS development bank TII-challenging year with flat growth Four daughters and a proud father Purdue and IIT-M sign the dotted line Research needs more funding Scoot offers just Rs.13,500 to ANZ... Indigo stays leader with 40 per cent share Business Breif Chennai will soon get its World Trade Centre Connecting the unconnected The new look- 4s Verna Chola MS launches motor app TCS’ revenues cross Rs 100,000 crore Need to focus on ease of doing business... SumInfra- corridor based development... ECGC expands operations Waste, a gold mine LVB gears to become a financial supermarket Tata Steel commence operations at Kalinganagar WABCO’s second Chennai plant Flexible labour laws… Towards peace of mind AirAsia India infuses funds to fight out competition ALL to launch electric busses TVS Logistics – another acquisition to sharpen the business model Blue Star plans a new plant in south Time to fast-pace the logistics sector Make way for the new and dynamic railways Techies trip to India ISRO's 100th mission Bridging the skill deficit in pharma industry CUB: towards card-less withdrawal Innovation that helped Chennai port Gem of social service... Durga - India’s largest blast furnace; now operational People Flow Day- Safety TiE applauds innovative entrepreneurs Hyundai excites again On the ‘milky’ way Industry-well poised to invest on expansion Big-ticket investments march towards Punjab Secured NCDs from Shriram City A global plastic event in India Celebrating 180 years of relevance ALL – truck industry is recovering from degrowth Carrefour’s quick exit When Centre visits the state Well-refined – RIL’s refinery margins zoom More gensets and diesel engines from TAFE Strategy war escalates between Hero and Honda Pharma market dozes Nothing to hide... Schwing Stetter India joins hands with US-based Gomaco Climate change may change the way businesses work... Backpack laboratory IFCI to raise NCDs upto Rs 2000 crore TN budget pragmatic and moderate on fiscal deficit Reality bytes Automotive Vision Plan II... Economic, business and social sustainability Hero Motocorp - smooth ride Realising double digit growth in Tamil Nadu Is Indian telecom industry heading for a monopoly? Placing the right shoe forward... TOP 10 CEO Compensation Housing Innovation Challenge, 2015 Changing dynamics in human resource management Chola MS net crosses 100 crores Digital retail transactions stabilise at higher level… ALL-two launches in a row Celebration time at MS Chola Murugappa- a year of consolidation Holiday Inn opens in OMR Chennai Auto test tracks launched at GARC Oragadam campus Steel loses its sheen Apple maps – finding its way Ridley marathon to India Curbing steel imports will hurt small business... Economic issues take a back seat at G20 summit Smart controls for cooling large multi-zone spaces ... Applauding enterprise... Focus on self-certification and third party inspection Nigeria comes nearer Dynamic e-commerce scenario World labour laws at a glance Creating Tamil Nadu Banana brand Sun Edison launches solar pumps
Blue Star plans a new plant in south

Launching a new range of energy- efficient air conditioners, B Thyagarajan, Executive Director and President, Blue Star Ltd said that the company plans to open a manufacturing facility either in Tamil Nadu or Karnataka at an investment of Rs 150 crore to manufacture five lakh air-conditioner units. The Himachal Pradesh unit, which manufactures about 3.5 lakh units of room air conditioners, is expected to reach its full capacity by 2015. The new plant is expected to cater to the growing demand. The room air conditioner market is expected to grow at 15 per cent year on year and Blue Star’s market share is about 8 per cent. South alone accounts for 40 per cent of its sales. The company imports some parts through the Chennai port and transports it to Himachal Pradesh. The new plant in south will reduce this logistics cost involved.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236