KRN HVAC Products received Rajasthan RIPS-2024 approval for its Neemrana plant, entitling it to fiscal benefits.
The approval includes a turnover-linked incentive of 1.54% of net sales and covers eligible fixed capital investment of ₹182.95 crore.
The benefits are expected to enhance operational efficiency, cost competitiveness, and profitability for the company.
The entitlement certificate was issued on May 20, 2026, and this filing supersedes an earlier submission.