Thermocool Plans Rs 40 Crore Greenfield Plant in Ghaziabad
Thermocool is set to invest Rs 40 crore in a new appliance manufacturing plant in Ghaziabad, Uttar Pradesh, according to a report by ET Manufacturing published on 15 October 2026. The investment marks an expansion of the company's appliance manufacturing capacity at a facility to be established in the National Capital Region's industrial belt.
| Detail | Information |
|---|---|
| Promoter | Thermocool |
| Project Type | New appliance manufacturing plant |
| Location | Ghaziabad, Uttar Pradesh |
| Investment Value | Rs 40 crore |
| Sub-sector | Other Industrial Projects |
Uttar Pradesh: A Busy Market for Industrial Investment
Ghaziabad sits within Uttar Pradesh, which is the most active state for Other Industrial Projects tracked in India, with 326 projects on record — ahead of Karnataka (313), Maharashtra (306), Gujarat (281) and Andhra Pradesh (266). The state's proximity to Delhi, established logistics corridors and maturing industrial infrastructure have made it a preferred destination for manufacturers across segments.
Within this sub-sector, Projects India tracks 2,677 live projects nationally, of which 21 were added in the last 90 days alone, reflecting sustained momentum in industrial capital expenditure. Recent projects tracked in the region include a Rs 1,100 crore electronics component manufacturing expansion by Lava International in Noida and a Rs 200 crore electronic equipment manufacturing facility by Novamax Industries in Surajpur, Noida — both at the construction-started stage.
Stage Breakdown: Where Projects Stand Nationally
The stage profile of tracked Other Industrial Projects reveals a significant pipeline still in early phases. Of the 2,677 projects monitored, 1,186 are at the planning stage and 570 are under approvals — together representing over two-thirds of the total. A further 418 projects have begun construction, while 277 have been completed. Sixty-seven projects have received approvals and are awaiting construction mobilisation, and 54 are on hold.
This distribution signals that the flow of new project awards and procurement activity in this sub-sector is likely to remain steady over the medium term, as planning-stage projects move through approvals and into construction. Suppliers and contractors tracking the Industrial Projects sector should note the large cohort currently under approvals as the most immediate source of near-term opportunities.
Recent Activity Across the Sub-sector
Several large-scale projects have recently entered active stages. CANPACK India Private Limited's greenfield aluminium beverage can plant in Unnao, Uttar Pradesh, valued at Rs 1,300 crore, is at the construction-started stage. Escorts Kubota Limited's tractor and construction equipment manufacturing unit in Gautam Buddha Nagar, worth Rs 2,000 crore, is under approvals. PPS International's metro component manufacturing project in Jewar, Uttar Pradesh, valued at Rs 551 crore, has received approvals. These projects, alongside the Thermocool investment, indicate that Uttar Pradesh continues to attract diverse manufacturing commitments across sub-segments.
At the smaller end, projects such as Hydro Mech Engineers' Rs 15 crore machinery facility in Bengaluru and Arham Ispat's fly ash brick unit in Chhattisgarh illustrate that investment activity spans a wide range of scales, creating opportunities for suppliers of varying sizes. All tracked projects are accessible through the Projects India project database.
What this means for suppliers and contractors
The Thermocool plant in Ghaziabad, at Rs 40 crore, is a mid-scale industrial project that would typically require procurement of plant and machinery, civil construction, electrical works, and fit-out specific to appliance manufacturing. Given the project is at an early reported stage, suppliers in these categories — including equipment makers, civil contractors and MEP specialists — may find this an appropriate point to initiate engagement.
More broadly, Uttar Pradesh's position as the leading state for tracked Other Industrial Projects (326 projects) makes it a high-priority geography for suppliers active in industrial construction and equipment supply. With 570 projects nationally sitting under approvals and a further 1,186 still in planning, the pipeline ahead of construction mobilisation remains substantial. Contractors and equipment suppliers should monitor approval outcomes closely, as this cohort represents the most immediate source of upcoming tender and procurement activity.
Projects India currently records no open tenders in the broader Industrial Projects sector, but the active construction pipeline of 418 projects suggests ongoing procurement requirements at site level. Suppliers can review live opportunities through the Projects India tenders page.
Frequently asked questions
How much is Thermocool investing in its Ghaziabad plant?
Thermocool is reported to be investing Rs 40 crore in a new appliance manufacturing plant in Ghaziabad, Uttar Pradesh. This was reported by ET Manufacturing on 15 October 2026. No further details on timeline or capacity have been confirmed in available reports.
Where is Thermocool's new manufacturing plant located?
Thermocool's new plant is located in Ghaziabad, Uttar Pradesh. Ghaziabad is part of the National Capital Region and falls within Uttar Pradesh, which is the most active state for Other Industrial Projects tracked by Projects India, with 326 projects on record.
How many Other Industrial Projects are tracked in India?
Projects India tracks 2,677 live projects in the Other Industrial Projects sub-sector nationally. Of these, 1,186 are at the planning stage, 570 are under approvals, 418 have started construction, and 277 have been completed. Twenty-one projects were added in the last 90 days.
