VOLTAS LTD
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Voltas Ltd

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### **Voltas Limited** – A Tata Group Company
**Voltas Limited** is one of India’s leading manufacturers of **air conditioning and cooling products** and a major player in the **engineering and project services** industry. It is a **joint venture between Tata Group and Volkart Brothers** and is widely recognized for its air conditioners, commercial refrigeration, and electromechanical projects.

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### **Key Details About Voltas**
- **Founded:** 1954
- **Headquarters:** Mumbai, Maharashtra, India
- **Parent Company:** Tata Group
- **Industry:** Consumer Electronics & Engineering Services
- **Stock Listing:** **BSE & NSE**
- **Revenue (2023-24):** ₹10,500+ crore (~$1.2 billion)
- **Market Share:** **India’s No.1 AC brand** with ~23% market share

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### **Key Business Segments**

#### **1. Air Conditioners & Cooling Products (Voltas Beko)**
- **Room Air Conditioners** – India’s most popular AC brand.
- **Commercial Cooling Solutions** – HVAC systems for malls, offices, and hotels.
- **Refrigerators & Washing Machines** – In partnership with **Beko (Turkey-based Arçelik Group)**.

#### **2. Engineering & Projects (MEP Solutions)**
- Major player in **electromechanical & HVAC projects** for buildings, metros, airports, and industrial complexes.
- Completed **Dubai Metro, Qatar Stadium, and India’s Parliament Building** projects.

#### **3. Commercial Refrigeration**
- Manufacturing **deep freezers, water coolers, and storage refrigeration** for businesses.

#### **4. Textile Machinery Division**
- Supplies advanced textile equipment for India’s growing textile industry.

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### **Key Strengths & Achievements**
✅ **India’s No.1 AC brand**, offering energy-efficient products.
✅ Strong global presence in **Middle East, Africa, and Southeast Asia**.
✅ Partnered with **Tata Power** for sustainable cooling solutions.
✅ Leader in **smart, inverter, and eco-friendly air conditioners**.

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### **Recent Developments (2024)**
📌 **Expanding Voltas Beko** – Strengthening the refrigerator and washing machine segment.
📌 **Launch of AI-Driven Smart ACs** with IoT integration.
📌 **Increased focus on green cooling technology** to reduce carbon footprint.

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