Germany-based equipment manufacturer Liebherr has set up a manufacturing unit in Aurangabad, Maharashtra with an investment of Rs 500 crore to manufacture refrigerators locally.

This is Liebherr’s first refrigerator factory in India. “Spread over 50 acres, this facility is equipped with smart manufacturing features, processes and assets capable of relaying accurate data and integrated traceability system for production planning and review,” the company said.

With production in full swing, the total production capacity is around 500,000 units a year in this unit. In a statement, Liebherr said the demand for home appliances in India is going to grow significantly in the next few years, primarily driven by a strong economic outlook.

Isolde Liebherr, a Liebherr Group’s shareholder said they see a huge scope for cooling appliances in India. The company has been present in India since 2008 but catered to a niche audience.

“…as the rapid changes in lifestyle have led to rise in demand of those appliances, which makes life more comfortable and easier. With the establishment of the new factory in India, we are able to offer our very best high-end technology to the Indian market,” she said.

The company is a premium refrigerator manufacturer and sells more than 2.2 million appliances a year. Their domestic appliances product division manufactures refrigerators and freezers in five countries for domestic and commercial use, including India.

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