Business Standard

Tata-Arcelik joint venture lays ground for its first Gujarat plant

The manufacturing unit, being set up to make consumer durables, will be ready by next year

electronics, TV, fridge, consumer goods, microwave, washing machine
Premium

Vinay Umarji Ahmedabad
Tata group firm Voltas, which entered into a joint venture with Turkey's Arcelik AS a year ago to manufacture and market consumer durables, has now laid the foundation stone for its first plant in Sanand, Gujarat.

The plant, which will make refrigerators, washing machines, microwave ovens and dish washers, will be ready by next year, marking Voltas's foray back into home appliances.

The durables brand will be called Voltas Beko and will come at a time when the pecking order of domestic appliance makers has been disrupted by Chinese brands.

Consumer durables in India is largely dominated by multinational companies based in Korea,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in