Onida
India is committed to reach US$ 300 billion worth of electronics manufacturing and exports by 2025-26.
Onida, formerly Mirc Electronics, was established in 1981 and is headquartered in Mumbai, Maharashtra. The company started with a goal of manufacturing TV sets, transformed into a complete consumer durables company with a wide product portfolio including flat-panel TVs (LED LCD TVs), air conditioners, washing machines, microwave ovens, DVD home theatre systems, mobile phones, projector systems and LED lights. The company has manufacturing facilities at Wada (Maharashtra) and Roorkee (Uttarakhand).
- Capacity of over 3.4 million televisions and 240K washing machines
- Revenue from operations stood at Rs. 768.03 (US$ 103.09 million) in FY21.
Onida – Owner’s Pride
| Year | Milestone |
|---|---|
| 2023 |
Vikram Surendran named CEO of MIRC Electronics |
| 2019 |
Onida launched smart air conditioners—ONYXS and GENIO |
| 2018 |
Onida launched the KY Super Thunder Reloaded, powered by Android 7.0. The company launched UIC SERIES, a google certified artificial intelligence (AI) 4K UHD TV powered by Android 8.0 |
| 2016 |
The company launched the Regalio Inverter AC, with AI, introducing smart Wi-Fi AC with inverter technology that caters to the taste of evolving Indian consumers |
| 2015 |
Onida launched the I-genius smart air conditioner. This AC was based on the IoT–Internet of Things technology and can be controlled entirely from the owner’s smartphone through Wi-Fi |
| 2014 |
The company was appointed as the authorised national distributor for Vivitek range of data projectors |
| 2013 |
Won an award from MICE Travel Mart Corporate Star Awards 2013 for ‘Best Incentive Programme’ for Distributors/Dealers Onida; Was ranked #27 in the Brand Trust Report, India Study 2013 |
| 2012 |
Ranked #38 in the Brand Trust Report, India Study 2012 and 2nd in the Subcategory of Appliances; Onida launched projectors in India |
| 2009 |
Awarded ‘Star Performer Certificate’ from Urjavaran Foundation for the most energy efficient air conditioners |
| 2006 |
Ranked 2nd as per the total income in the consumer durables/domestic appliances sector by Dun and Bradstreet's India's Top 500 Companies 2006 |
| 2005 |
Achieved market capitalisation of US$ 67 million (Rs 3,014.6 million) |
| 1982 |
The company started assembling television sets at their factory in Andheri, Mumbai |
| 1981 |
Onida was started by Mr. G.L. Mirchandani and Mr. Vijay Mansukhani in Mumbai |
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