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