There has been a news in Sakshi Newspaper that Popular AC Brand, Bluestar is all set to start a manufactuing unit with 520 Crore investment in Sri City of Chittoor district. Bluestar MD B. Thyagarajan performed Bhoomi Pooja on Wednesday for the first phase of the unit with 250 Crore investment.
The first phase of 30,000 square meters will be operational by July 2022. As per a 29 September regulatory filing, the plant will primarily manufacture room air conditioners (ACs) with a maximum capacity of 1.2 million ACs per year. The second phase with 270 Crore investment is planned for later.
As soon as the news is out, YSR Congress digital media team is on a blast portraying it as the achievement of YS Jagan Mohan Reddy. But the fact is that Blue Star has announced arriving in Andhra Pradesh way back in 2018 during Chandrababu Naidu‘s rule.
The production was supposed to start by 2021 when the company approached Chandrababu Naidu’s Government. The change of the government and the pandemic have only delayed the process. It is like Jagan Government taking the credit for Chandrababu Naidu’s achievement.
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