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Godrej to step up fridge output to 1.5m units

New Delhi: Godrej Appliances, a division a Godrej & Boyce Manufacturing (GBM), plans to add two new production lines at its Mohali and Pune plants with an investment of nearly Rs 80 crore to increase the production of refrigerators to 1.5 million units from a million now. This was announced by GBM president Phiroze D Lam at the launch of new range of Godrej EON washing machines on Wednesday, GBM is targeting a revenue growth of 30% to touch the Rs 4,600-crore mark this fiscal. Godrej Appliances plans to break-even by 2008-end.

 
 

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