Invests Rs 191 crs in plant expansion
EPACK Durable Limited (EDL) recently commenced construction of an additional state-of-the-art manufacturing facility in Sri City.
This marks a significant expansion of its strategic partnership with Hisense, a global leader in consumer electronics, home appliances, and air conditioning.
The groundbreaking ceremony, held recently was attended by EPACK’s Managing Director and CEO Mr Ajay Singhania, Director Mr L.B. Bothra, Hisense India’s CEO Mr Pankaj Rana, and Managing Director Mr Steven Li, who laid the foundation stone following a traditional pooja ceremony.
The upcoming facility, designed under Hisense’s proprietary technology and designs, will feature advanced production lines for air conditioners, washing machines, refrigerators, and small domestic appliances. Leveraging EPACK’s existing infrastructure, this collaboration aims to strengthen Hisense’s footprint in India and cater to global markets.
Speaking at the event, Mr. Ajay Singhania stated, “This milestone reinforces EPACK’s commitment to promoting domestic manufacturing in line with the ‘Make in India’ initiative. Our new facility will enable us to produce world-class Hisense products with a focus on innovation, quality, and sustainability.” Hisense India CEO Pankaj Rana emphasised, “Our partnership with EPACK Durable is a testament to Hisense’s vision of delivering top-notch, innovative, and intelligently designed products to customers.
This collaboration not only enhances our presence in India but also solidifies our leadership in global markets.” Sri City Founder and Managing Director Dr. Ravindra Sannareddy congratulated both teams, remarking, “This partnership exemplifies the spirit of innovation and excellence that defines Sri City”. EPACK has allocated Rs 191 crore for the new plant, which will span 9 acres and is expected to commence production by June 2025.
This investment comple- ments the Rs 229 crore already infused into its existing facility, which also spans 9 acres. The current plant produces 1.3 million air conditioners, 0.4 million washing machines, and 0.7 million small home appliances annually. Once operational, the new facility will increase air conditioner production capacity to over 2 million units, while maintaining existing capacities for other appliances. The expansion will create significant employment opportunities, with the workforce expected to grow from 700 to 1,200.
