Electro Mart to invest Tk500cr to scale up AC production

Reported By: ST Report Posting Time: 2024-11-23 23:17:54 Catagory: Bank
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Electro Mart to invest Tk500cr to scale up AC production

Electro Mart Limited (EML), one of Bangladesh largest electronics and home appliance companies, announced plans to invest Tk500 crore over the next three years to expand its air conditioner (AC) manufacturing capacity, particularly for the Gree brand.
The announcement was made during a press conference at The Westin, marking the visit of Kevin Bai, assistant president of Gree, a Chinese electronics giant established in 1991.