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Copeland announces Rs 500 Crore investment to boost manufacturing and climate innovation in India
The Machinist
|October 2024
COPELAND, a global leader in sustainable climate solutions, has announced a Rs 500 crore (US$60 million) investment to expand its manufacturing facility in Atit, Maharashtra, and to construct a new global R&D centre in Pune.
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The investment aligns with India's 'Make in India' initiative, bolstering local manufacturing, supporting global demand, and accelerating innovation in sustainable climate solutions.
This strategic move will significantly enhance Copeland's engineering capabilities, increase production capacity for its compression solutions, and drive innovation in sustainable heating, cooling, refrigeration, and industrial applications.
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