Blue Star J&K plant awaits clarity on GST compensation - room air purifier price

Blue Star Ltd. air conditioning and commercial refrigeration professional said today it is waiting for further clarity on GST before further construction of the plant, compensate them for their proposed greenfield factory in Jammu.
Blue Star Ltd. air conditioning and commercial refrigeration professional said today it is waiting for further clarity on GST before further construction of the plant, compensate them for their proposed greenfield factory in Jammu.
"There are GST offers for J & K.
Although, we know that we will get tax benefits, we are waiting for who will give us compensation, state or center clarity before we move on, Blue Star co-managing director B. thiagarajan said here today.
The company has supplied 120 rupees for the new factory, which will also produce indoor air
With an annual output capacity of 4 lakh air conditioners, the total capacity is 8 lakh.
"This project has already cost about Rs 30.
"Land in Jammu and Samba has been acquired and breakthrough progress has been made," Thiagarajan said.
Bluestar is also considering building another green plant in Sri Lanka in Andhra Pradesh, but that will be after the Jammu plant.
He expects the GST to increase by about 2-2.
5%, coupled with the trend of rising commodity prices and falling rupee, air prices are likely to rise
Air conditioning by 5
7% after July.
But, as a rider, Thiagarajan said that many factors will determine the final situation, but it is not expected that major price increases will occur for its ACs products up to now.
The company also intends to increase its investment in new product development of RS 33 in fy18 and is committed to integrating aviation-
Air purifiers are expected to enter air conditioning by September 2018.
At the same time, Bluestar expects its room air conditioning business to grow by 15 percentage points or more this year, compared to 35 percentage points in the calendar year of 2016, although non-monetization has no impact on the company.
The company sold about ACs in small towns and found less than five e-commerce sales
Business channels.
As a company, Bluestar looks forward to reaching 4000 rupees a year ago from around 3500 rupees in fiscal 17, officials said.
(This article has not been edited by the DNA editing team and is automatically edited
Generated from the proxy feed.