KRN HVAC Products, a subsidiary of KRN Heat Exchanger, has entered into a Memorandum of Understanding (MoU) with the Government of Rajasthan for a major investment of ₹1,000 crore. The investment will be directed toward establishing a state-of-the-art heat exchanger manufacturing project in Kotputli-Behror, Rajasthan. The project is expected to create 600 direct jobs and is scheduled to commence production in 2024.
The Government of Rajasthan will facilitate the necessary approvals and clearances for the project, ensuring smooth execution. This investment marks a significant milestone for KRN HVAC, positioning the company to expand its manufacturing capabilities and support industrial growth in the region.
