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Amber Enterprises to Invest USD 55.8 Million in Punjab, India to Expand HVAC R&D Facility

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Amber Enterprises to Invest USD 55.8 Million in Punjab, India to Expand HVAC R&D Facility
Amber Enterprises to Invest USD 55.8 Million in Punjab, India to Expand HVAC R&D Facility

INDIA: Amber Enterprises India Ltd has announced plans to expand its advanced HVAC research and development centre in Punjab, supported by state incentives aimed at boosting technology innovation. The facility will focus on the development of commercial air-conditioning solutions and VRV systems. The company will invest ₹500 crore (USD 55.8 Million) over the duration of Punjab’s incentive policy to strengthen its design and development capabilities. The expanded facility will focus on energy-efficient commercial air-conditioning solutions and VRV systems, helping Amber enhance its product pipeline and address evolving domestic and global market demands.


Source: CNBC TV18

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