Summercool bets Rs 350 crore on Ghaziabad/Noida plants to lift margins and chase Rs 600 crore revenue
The home appliances maker is building three facilities to raise in-house manufacturing to 70% and cut outsourcing, targeting 8-9 lakh units annually and 20-22% EBITDA margins. It aims to cross Rs 500 crore in FY26 while pushing distribution beyond North India and into ACs.
Home appliances maker Summercool is investing over Rs 350 crore in three new Ghaziabad/Noida facilities to cut outsourcing and improve margins, targeting Rs 600 crore revenue this fiscal while expanding distribution beyond North India into new categories including ACs.