Haier India plans to invest ₹7,000 crore in a new manufacturing facility in Andhra Pradesh, marking its largest investment in the country. The project aims to strengthen the company's manufacturing presence in South India, expand home appliance production and create thousands of employment opportunities by 2032. Haier India will develop the manufacturing facility in Satyavedu mandal of Tirupati district, where the Andhra Pradesh government has earmarked around 250 acres of land for the project. The investment will be implemented in two phases, with ₹4,500 crore planned for the first phase and ₹2,500 crore for the second phase by 2032. The first phase of the facility is expected to become operational by 2028. The project marks Haier's entry into South India, complementing its existing manufacturing facilities in Pune, Maharashtra, and Greater Noida, Uttar Pradesh. The proposed plant will manufacture a range of consumer appliances, including air conditioners, washing machines, televisions, air purifiers and kitchen appliances. The expansion is expected to support Haier's manufacturing capacity and strengthen its presence in India's consumer electronics market. The company is targeting revenue of ₹22,000 crore by 2028 as it continues to expand its operations and production capabilities in the country. The Andhra Pradesh facility is expected to create approximately 21,000 employment opportunities by 2032. This includes around 6,000 direct jobs within the manufacturing facility and 15,000 indirect jobs across related industries and supporting services. The project will also strengthen the Tirupati–Chennai–Nellore electronics manufacturing corridor, which has attracted several domestic and international manufacturers. Its industrial infrastructure and connectivity to major ports and transport networks make the region suitable for manufacturing and export-oriented operations.Introduction
Haier India Announces ₹7,000 Crore Investment
New Facility to Manufacture Home Appliances
Project Expected to Generate 21,000 Jobs
Conclusion
Haier India's ₹7,000 crore investment in Andhra Pradesh represents a major expansion of its manufacturing operations in India. With production expected to begin in the first phase by 2028, the project aims to increase appliance manufacturing capacity, support employment generation and contribute to the growth of South India's electronics manufacturing ecosystem.
FAQs
1. How much is Haier India investing in Andhra Pradesh?
Haier India plans to invest ₹7,000 crore in a new manufacturing facility in Andhra Pradesh.
2. Where will Haier India's new manufacturing facility be located?
The facility will be established in Satyavedu mandal of Tirupati district, Andhra Pradesh.
3. When is Haier India's new plant expected to become operational?
The first phase of the manufacturing facility is expected to become operational by 2028.
4. Which products will be manufactured at the new Haier facility?
The plant is expected to manufacture air conditioners, washing machines, televisions, air purifiers and kitchen appliances.
5. How many jobs will the Haier Andhra Pradesh project create?
The project is expected to generate approximately 21,000 jobs by 2032, including 6,000 direct and 15,000 indirect employment opportunities.
