EPACK Durable Limited — Updates, 21-10-2024: Press Release

EPACK Durable Limited has entered a strategic partnership with Hisense India to manufacture air conditioners and home appliances in India. This collaboration will involve significant investment in a new manufacturing facility in Sricity, Andhra Pradesh, enhancing Hisense's production capabilities using advanced technology. The initiative aims to solidify Hisense's presence in India's consumer durable market and generate approximately $1 billion in revenue for EPACK over the next five years, while also exploring export opportunities.