Elin Electronics Announces Bhoomi Pujan for INR 90 - 100 Crore Manufacturing Facility

Elin Electronics Limited has announced the bhoomi-pujan of its manufacturing facility in the ELCINA manufacturing cluster at Bhiwadi, Rajasthan, scheduled for April 14, 2025. The 4-acre site has a potential built-up area of ~220,000 sq ft, to be developed in two phases. Construction of Phase 1 will start immediately and is estimated to be completed by March 2026. The estimated outlay for both phases, including plant and machinery, is in the range of INR 90 - 100 crores. The company plans to manufacture medium and large appliances, with potential production of air coolers, kitchen chimneys, air fryers, and OTGs. Other products, such as microwave ovens, are also being considered. The construction will be funded via cash on balance sheet and internal accruals.