Air conditioning company Blue Star said it began construction work on its Rs 550 cr manufacturing plant in Sri City in Chittoor district of Andhra Pradesh. The plant will likely be included in the production-linked incentive scheme of government of India, under which companies are eligible to get around 5% of their sales as incentives […]
Blue Star, one of India’s largest refrigeration and air conditioning companies, said it is moderating the pace of execution of large contracts to keep it in sync with clients’ ability to pay, and also said the second wave of the COVID-19 pandemic has posed a challenge to the growth trend seen in recent months. Chief […]
Air conditioning and Refrigeration manufacturer Blue Star Limited said it launched 34 models of residential water purifiers with RO, UV, RO UV, RO+UV technologies. The company also said that it also plans to invest about Rs 30 crores on water purifiers in FY20. The offering, under brands such as Stella, Prisma, Imperia and Eleanor, have […]
Suneel M Advani, Managing Director and Chairman of Blue Star and the son of its founder Mohan Advani, has stepped down and will be replaced by Shailesh Haribhakti. Haribhakti will assume charges from April 1, becoming the first professional, independent chairman in the history of the air conditioning company. Suneel Advani who took over the […]
Air conditioning giant Blue Star Ltd said its Vice Chairman Suneel M Advani will be elevated as the Chairman of the company from 1st December. The current Chairman Ashok M Advani who will turn 75 on November 17 will retire after 47 years of service and will be re-designated as Chairman Emeritus. Suneel M Advani […]
Air conditioning and Refrigeration manufacturer Blue Star Limited entered the residential water purifier business with a range of 13 models. Out of the 13 models, 11 of them offer both RO and UV protection. The models are priced between Rs 14,900 and Rs 44,900. The offering comprises four series called the Stella, Prisma, Edge and […]
