Amber Enterprises plans Rs 500 Crore R&D expansion in Punjab
AMBER · price
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Amber Enterprises is planning to invest Rs 500 Crore to expand its R&D Centre in Punjab, focused on HVAC products including Commercial AC and VRV systems. The investment will be spread over Punjab state's incentive policy period and aims to boost innovation in energy-efficient technologies for domestic and global markets.
Large Rs 500 Crore R&D commitment signals long-term growth focus in HVAC; phased deployment limits near-term cash flow strain.