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Carrier Global Breaks Ground on ₹1,000 Crore Facility in Sri City: Andhra Pradesh's Manufacturing Boom Under Nara Lokesh - AP Events

  In a landmark development for Andhra Pradesh 's industrial landscape, global HVAC leader Carrier Global Corporation has laid the foundation for a state-of-the-art chiller and air-conditioning manufacturing facility at Sri City in Tirupati district. The ₹1,000 crore (approximately ₹863 crore in some reports) project underscores the state's rapid rise as a preferred destination for advanced manufacturing and digital infrastructure. This isn't just another factory—it's a strategic move aligning perfectly with Andhra Pradesh 's vision to become India's AI and advanced manufacturing capital , driven by the proactive efforts of IT and HRD Minister Nara Lokesh . The Groundbreaking Ceremony: A Moment of Pride for Andhra Pradesh On May 7, 2026 (with bhumi puja on May 6), Minister Nara Lokesh laid the foundation stone for Carrier's facility in the presence of Carrier Chairman & CEO David Gitlin and other dignitaries. The event at Sri City Special Economic ...
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