Blue Star Invests $33.6 Million in the Current Fiscal Year to Increase its Air Conditioning Manufacturing Capacity.

INDIA: Blue Star is investing $33.6 million to boost their room air conditioner output at their Sri City plant in Andhra Pradesh. The company now has a production capacity of 1 million room air conditioners across its various manufacturing facilities, including the Sri City unit. Company has plans to increase their capacity, from 1 million units currently to a whopping 1.8 million units in the near future. With this expansion, Blue Star sets its sights on capturing a 15% of the AC market share.