PG Technoplast Private Limited, a wholly owned subsidiary of PG Electroplast Limited (PGEL), recently unveiled its new marquee air-conditioning manufacturing facility for North India in Bhiwadi, Rajasthan. This strategic investment aims to meet the growing demand for energy-efficient and sustainable cooling solutions in India and expand the company's footprint in the rapidly growing air conditioning market.
The event was graced by the presence of distinguished personalities from the industry, including Kamal Nandi (Business Head and Executive Vice President of Godrej Appliances), NS Satish (President of Haier India), and Pradeep Jain (Managing Director of Jaina India). They officially inaugurated the advanced facility.
The brand-new facility, spanning an impressive 200,000 sq. ft., manufactures a comprehensive range of split ACs ranging from 0.75T to 2.0T, with installed annual capacities of 360k AC indoor units, 360k AC outdoor units, and 250k window ACs. Its production capabilities include the manufacturing of AC units, cover sheet metal components, powder coating plants, heat exchangers, and copper tubing systems. This unit will create additional employment for over 1,000 people.
With sustainability at its core, the new facility features water conservation and integrated facility management systems to reduce plastic, corrugated, and paper waste generation. It also features a state-of-the-art learning centre to educate apprentices and trainees to nurture the next generation of manufacturing talent and provide continuous on-the-job training to the company's stakeholders.
Besides, PG Technoplast became the first beneficiary to receive incentives under the air conditioning (AC) components target segment of the government's Production Linked Incentive (PLI) scheme after being recognised for their incremental investment and sales performance during the fiscal years 2021-22 and 2022-23.
Vishal Gupta, Managing Director (Finance), PG Electroplast Limited, stated, "Today marks a noteworthy milestone for PG as we inaugurate our second integrated air conditioning manufacturing facility in Bhiwadi, Rajasthan. This facility emphasises our commitment to delivering high-quality, energy-efficient cooling solutions that cater to the evolving needs of Indian consumers. With this expanded capacity, we intend to lead innovation in the landscape of Room ACs and capture a larger portion of the North Indian AC manufacturing market. This achievement reflects our dedication to excellence and our vision for a greener future."
