This was informed by Fabrizio Borloni, Global Export Head of Sistem-Air, while talking to reporters here.
A part of the Rs 1,500 crore investment will be used to set up a centralised vacuum system (CVS) assembling plant near Hyderabad, he said.
The unit will cater not only to Indian requirements but also other Asian markets, he said.
A central vacuum cleaner is an appliance installed into a building as a semi-permanent fixture.
Roberto Plebani, Global Vice-President (Technical) Sistem-Air said his company intends to focus on Hyderabad market because of its high potential in real estate industry.