Carrier to Invest Rs 1,000 Crore in Andhra's Sri City for New Manufacturing Facility

• Carrier Air Conditioning & Refrigeration signed a lease deed with Sri City for a new manufacturing facility.
• The facility, focused on sustainable and energy-efficient cooling solutions, will be built on 39 acres.
• Carrier's Rs 1,000 crore investment is expected to create 1,000 direct and 2,000 indirect jobs.
• Andhra Pradesh IT minister Nara Lokesh highlighted the swift eight-month timeline from Carrier's first visit to project finalization.
• The project reinforces Sri City's role as a leading hub for HVAC manufacturing and will integrate green manufacturing practices.