NEW DELHI: Premium kitchen solutions provider Carysil plans to invest Rs 500 crore to increase manufacturing capacity of kitchen sinks, faucets and appliances segment as part of its long-term growth strategy in India, according to a statement by the company.
Under the programme, Carysil has earmarked Rs 100 crore to double its sink manufacturing capacity from 1 million to 2 million units per year, it said.
Another Rs 50 crore will be invested for expanding its stainless steel sink production to 2.5 lakh units annually, the company added. PTI
ADVERTISEMENT
