A memorandum of understanding (MoU) for an investment of Rs 1,000 crore has been signed by the Rajasthan government and KRN HVAC Products, a subsidiary of KRN Heat Exchanger and Refrigeration.
A project to manufacture heat exchangers is currently underway at its wholly-owned subsidiary firm will receive the planned investment over time in different tranches.
OEMs in the heating, ventilation, air conditioning, and refrigeration (HVAC&R) sector frequently employ water coils and heat exchangers with copper tubes and aluminium fins, which are manufactured and exported by KRN Heat Exchanger and Refrigeration.
