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The Economic Times

Economy / The Economic Times

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Haier India to invest 7,000 crore in new facility in Andhra

Haier India plans a 7,000 crore investment in a manufacturing facility in Andhra Pradesh, marking its largest investment in the country. The facility, expected to create 21,000 jobs by 2032, will focus on producing various home appliances and is strategically located in the rapidly growing Tirupati-Chennai-Nellore electronics corridor.

19 Oct 2026 12:36 am