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Carrier Air Conditioning & Refrigeration has signed a lease deed with Sri City to establish a new manufacturing facility in Andhra Pradesh. The move strengthens Carrier’s footprint in India’s HVAC sector, supporting local production, job creation, and the government’s “Make in India” initiative while enhancing supply chain resilience.
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Key Highlights & Developments
Carrier Air Conditioning & Refrigeration announced the signing of a lease deed with Sri City, Andhra Pradesh, to set up a new manufacturing facility.
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Strategic Expansion: The facility will enhance Carrier’s manufacturing capacity in India, aligning with rising demand for air conditioning and refrigeration solutions across residential, commercial, and industrial sectors.
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Location Advantage: Sri City, a leading integrated business hub in Andhra Pradesh, offers world-class infrastructure and connectivity, making it a preferred destination for global manufacturers.
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Economic Impact: The new plant is expected to generate employment opportunities, strengthen local supply chains, and contribute to regional economic growth.
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Policy Alignment: The expansion supports India’s “Make in India” vision by boosting domestic production and reducing reliance on imports in the HVAC segment.
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Industry Context: Carrier’s investment comes amid growing competition in India’s cooling solutions market, with global players like Daikin and Hisense also expanding operations in Sri City.
Contextual Note: Carrier’s move underscores the strategic importance of Andhra Pradesh as a manufacturing hub and highlights India’s growing role in global HVAC supply chains.
Sources: Carrier corporate filing; BSE disclosure; The Hans India Andhra Pradesh industry coverage; Machinist.in manufacturing sector update
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