Air conditioning and commercial refrigeration major, Blue Star Limited’s newly formed wholly owned subsidiary, Blue Star Climatech Limited is setting up a new state-of-the-art manufacturing facility at Sri City, in Chittoor District of Andhra Pradesh. The project for which Bhoomi Pujan and the foundation stone laying was done yesterday aims at IGBC Gold Rated Green Building certification.
IGBC Green Factory Buildings is the first rating programme developed in India, exclusively for the industrial sector. It is based on accepted energy and environmental principles and strikes a balance between known established practices and emerging concepts. The system is designed to be comprehensive in scope, yet simple in operation. This rating system would address the factory buildings and not the processes. It would be applicable to all sectors of industry and for all climatic zones of India.
The construction of the first phase of 30,000 sq meters will be completed by July 2022. Hence, this facility will be operational by Q2FY23 and will primarily manufacture room ACs with a maximum capacity of 12 lakh units per annum. The Company plans to invest Rs 550 crores over the next few years on this Plant spanning an area of 20 acres, in a phased manner. This Plant will be highly automated and will ensure that the products manufactured are globally competitive.
Leveraging the PLI scheme by the Indian Government, Blue Star Climatech has filed an application for manufacturing of Heat Exchangers and Sheet Metal components at this facility in Sri City.