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Carrier Global plans new Andhra facility to hold prices steady amid supply crunch
Business
Published on 13 May 2026
It is spending 100 million to prevent price spikes
Carrier Global says it is working to minimise price increases in India despite global supply constraints. The company is investing $100 million in a new facility in Andhra Pradesh to scale production. It expects strong double-digit growth for the next decade, aiming to meet rising domestic demand while also boosting exports from the expanded capacity.
- Carrier Global targets stable AC prices in India despite supply issues
- Company plans a $100 million Andhra Pradesh facility expansion
- Expansion is meant to serve both India demand and exports
- CEO expects strong double digit growth over the next decade
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times