Amber Enterprises to invest ₹500 crore in Punjab R&D centre expansion
Amber Enterprises India Limited is set to expand its state-of-the-art Research & Development (R&D) Centre in Punjab, focusing on Heating, Ventilation, and Air Conditioning (HVAC) products. This initiative aims to leverage Punjab's supportive policies and incentives for technology development, reinforcing the company's commitment to evolving product requirements and advancing energy-efficient technologies.
The company plans to invest ₹500 crore in this R&D facility over the Punjab state's incentive policy period. This substantial investment is expected to accelerate innovation, enhance design capabilities, and facilitate the development of sustainable energy-efficient solutions for both domestic and global markets.
The expansion will strengthen Amber Enterprises' product pipeline, specifically including Commercial AC solutions and VRV systems, thereby meeting growing market demands and fortifying its position in the HVAC industry.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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