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Godrej & Boyce plans new production line in Mohali
Last Updated: 16-Apr-2016
Godrej & Boyce, the consumer electronics major from India is planning to add a new production of air-conditioners in its Mohali plant in Punjab. The company expects is market share for air-conditioners to go from current 20% to 25-26% in coming years. To capitalize it plans to install a new production line and to cut refrigerators production where it estimates a reduction. Currently, the company have an installed capacity for 300,000 AC units per annum at our Shirwal plant near Pune. It may be noted, Godrej is fourth largest player in this segment after the American and Korean brands