Thermax inaugurates its state-of-the-art manufacturing facility at Sri City, Andhra Pradesh
Deepthi | Myequity news | Date : 31-01-2019 11:45:00 IST
Thermax Limited, the leading energy and environment solutions provider today, inaugurated its new manufacturing facility in Sri City, Andhra Pradesh. The company’s latest state-of-the- art production unit, deploying high levels of digitisation, will manufacture a wide range of vapour absorption machines comprising chillers, heat pumps and heaters in its first phase.
Constructed on a 40-acre plot in the Domestic Tariff Zone at Sri City with an investment of Rs. 166 crore (23 Mn USD) in Phase I, the unit has a capacity to produce 400 machines per year.
“We have come up with a world-class facility that is aligned to our vision of ‘Smart Thermax’ and a significant step in diversifying our operations to leverage the infrastructural advantages of strategic locations such as Sri City. We have invested in digitisation and automation to facilitate zero-defect processes that will ensure superior quality products to our customers”, said M.S. Unnikrishnan, MD & CEO, Thermax.
Located around 75 km from Chennai, Sri City is emerging as a preferred business destination that provides seamless connectivity by road, air and seaports.
“While this new plant will help us serve our existing and potential customers in the southern region better; it will also be an important manufacturing hub for Thermax’s global operations that will augment our export capabilities. With the increasing demand for green and energy efficient solutions globally, we see our vapour absorption products manufactured in this plant as an ideal fit towards sustainability”, said Meher Pudumjee, Chairperson, Thermax.
All manufacturing processes are designed to create a safe and healthy working environment, and comply with the stringent green building norms. This is the ninth manufacturing plant of
Thermax in India, out of the fifteen hubs spread across India, China, Germany, Denmark, Indonesia and Poland.
About Thermax Limited:
Thermax Limited, a leading energy and environment solutions provider is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals. Thermax has manufacturing facilities in India, China, Europe and South East Asia. The sustainable solutions Thermax develops for client companies are environment- friendly and enable efficient deployment of energy and water resources.