China’s Hisense gives contract to local manufacturer Epack Durable for ACs and home appliances
Hisense, a $29 billion Chinese electronics company, partners with Indian manufacturer Epack Durable to produce ACs and home appliances in India, aiming for domestic sales and exports. Epack plans a new Andhra Pradesh facility targeting one million room ACs by FY28, projecting Rs 8,000 crore business over five years.