Tag: voltas
Posted in Startups
Voltas, Atomberg Innovation plan 50:50 venture to manufacture AC compressors
Tata group firm Voltas and Atomberg Technologies’ engineering arm plan to set up a 50:50 joint venture to develop and manufacture room air conditioner (AC)…
Posted in Startups
Atomberg converts into public company, adds independent directors ahead of IPO
Mumbai-based consumer appliances maker Atomberg Technologies has converted into a public company and appointed three independent directors as it prepares for a Rs 1,500-2,000-crore initial…
Posted in Startups
Startups spot a cool opening as ACs become everyday need
Air-conditioners are fast shifting from a discretionary purchase to everyday need in Indian households, and that transition is opening the door for startups like Helium,…
Posted in Economy
High-value parts push up electronics firms’ import bill
Apple, Samsung, LG, Haier, Lenovo, Whirlpool, and Motorola are among nearly a dozen electronics companies that imported a combined more than ₹1.21 lakh crore worth…