Voltas LtdVoltas is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment, construction equipments and textile industry.
Voltas was created 6 decades ago when Tata Sons joined hands with a swiss company Volkart Brothers. Voltas is also one of the most reputed engineering solution providers specializing in project management.
The company has 5,000+ Customer sites actively managed across India
Key Points :-
Unitary Cooling Products(UCP)
Unitary Cooling products comprises Room Air
Conditioners (RAC), Air Coolers, Air Purifiers, Water Heaters, Water Dispensers, Water Coolers, Visi Coolers, Chest Freezers, Cold Rooms & Medical Refrigeration.
Voltas Beko
It is a JV with a Turkish company Arçelik through which Voltas entered the home appliances industry under the brand, Voltas Beko in 2018. The company produces refrigerators, washing machine, microwaves and dishwashers. 5.2% market share.
International Operations Business Group (IOBG)
The company operates in Mechanical, Electrical & Plumbing (MEP), Heating, Ventilation and Air Conditioning (HVAC) and Water Management. IOBG specializes in providing comprehensive electromechanical solutions and services to its
clients in Middle East and Asia region. The company has successfully completed multiple projects across GCC, including Dubai, Oman, Qatar, Bahrain etc.
Universal MEP Projects & Engineering
Services Limited (UMPESL)
Offerings - MEP,HVAC, Water Infrastructure, Electrical & Solar Projects, O & M.
The company has restructured their B2B business into this segment. The company has an order book of ~Rs. 4,770 crs. as of Q1FY25. It completed Water Projects of SAIL, Bokaro & Rourkela and OWSSB Cuttack.
Textile Machinery Division(TMD)
Offerings - Capital Machinery, Accessories, Allied Machinery, After-sales Services.
Export decline in cotton yarn and textiles led to lower spinning mill utilisation.
Mining and Construction Equipment (M&CE)
Offerings - O & M, Crushing & Screening Machinery.
M&CE has grown its business across India and
expanded to Mozambique through partnerships with Tata Mozambique and Tata Africa.
Vestfrost Solutions, Denmark
In FY23, the company entered into a technology license agreement with Vestfrost Solutions, Denmark, to develop, manufacture, sell and service medical refrigeration and vaccine storage equipment. This will enable the compant to enter the Bio Medical and
Cold Chain industry for vaccine storage equipment such as ice-lined refrigerators, vaccine freezers, and ultralow temperature freezers, in the Indian market.
