Voltas Ltd is part of the Tata Group and the largest air conditioning company in India. Along with cooling products, it is a leader in engineering solutions and projects. The company started in 1954 and has come a long way to become a market leader in the country over several other multinational players. It has one of the largest distribution networks in India with more than 15,000 touch points in FY20. In consumer durables, the company manufactures room air conditioners and air coolers. It was a leader in the room ACs segment with a 23.7 per cent market share in FY19, whereas, in air coolers, it held the second position, having sold around 1.3 lakh units during the same period.
Voltas has its head office in Mumbai, Maharashtra and regional office in major Indian cities.
Company Website: www.voltas.com
Voltas – A Tata Enterprise
|2020||Voltbek Home Appliances opened its first manufacturing facility in India|
|2019|| Launched its new range of “Adjustable Invertor’s ACs” which has a unique value plan ‘Flexible Air Conditioning’ that allows the users to switch from 1.5 ton to 1-ton capacity and vice versa. |
Launched India’s first 5 star rated washing machine.
|2017||‘Voltas Beko’ launched in partnership with Turkish company Arcelik.|
|2016||Launch of smart water solutions|
|2015||Foray into fresh air coolers|
|1998||Dadra plant commissioned|
|1992||Restructuring of company operations|
|1988||Company received Government of India’s approval for technical collaboration|
|1982||An electric business unit at Pune was proposed|
|1954||Incorporated in Mumbai, Maharashtra by M/S Volkart Brothers and Tata Sons Pvt Ltd|
Updated: May, 2019