New Delhi, 8th September 2026: Novamax Technologies, a home appliances brand, is set to strengthen its manufacturing capabilities with a new facility in the Delhi-Mumbai Industrial Corridor (DMIC). The firm plans to invest ₹200 crore in this plant to help it launch new products like air conditioners and washing machines.
The plant, expected to be operational in the next two years, will provide employment to about 800 people in direct and indirect capacities, with 350 jobs created directly and another 450 jobs created indirectly. The company, with this investment, will further solidify its plans for expansion within the consumer durables space.
The upcoming plant will enhance the manufacturing capacity of the company and help them manufacture more products from a variety of home appliance categories. The brand has been looking to expand into air conditioners and washing machines through this move.
Commenting on the investment, Harshit Aggarwal, CEO and Founder, Novamax Technologies, said, “The upcoming manufacturing facility in DMIC marks an important step in Novamax Technologies’ growth journey. As we enter new categories such as air conditioners and washing machines, this investment will help us build stronger manufacturing capabilities and support the expansion of our product portfolio. At the same time, we are looking forward to providing employment opportunities and being part of the local manufacturing ecosystem’s development.”
The positioning of the facility in the Delhi-Mumbai Industrial Corridor is likely to provide Novamax Technologies with access to well-established industrial facilities as well as high connectivity. This will help the company address its needs related to manufacturing, logistics, and supply chain.
The upcoming facility will be one of the elements of the manufacturing infrastructure that Novamax Technologies already has, and among other facilities is the company’s facility located in Gorakhpur, which was set up to enhance the manufacturing capacities of Novamax Technologies in the region.
The investment by Novamax Technologies is reflective of its continued efforts to expand its manufacturing base according to its changing business needs. As the company diversifies into additional home appliance categories, the DMIC facility is expected to become a part of its future growth strategy.
About Novamax Technologies
Founded in 2019, Novamax Appliances is one of India’s top air cooler manufacturing brands. With a dedicated team strength of approximately 250 professionals, Novamax aims to meet the demands of today’s consumers by ensuring world-class manufacturing and innovation.
