Voltas

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Voltas Limited
Public company (BSE500575)
Industry Home appliances
Engineering solutions
Founded 1954[1]
Headquarters Voltas House, Mumbai, India
Products Heating, Ventilation and Air conditioning, Refrigeration
Revenue 53.66 billion (US$800 million) (2014)[2]
3.4 billion (US$51 million) (2014)[3]
2.45 billion (US$36 million) (2014)[4]
Total assets 47.45 billion (US$710 million) (2014)[5]
Total equity 18.19 billion (US$270 million) (2014)[6]
Number of employees
5,287 (2015)
Parent Tata Group
Website Voltas official website

Voltas is India's largest air conditioning company, and one of the world's premier engineering solutions providers and project specialists. Founded in India in 1954, Voltas Limited offers engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, electro-mechanical projects, textile machinery, mining and construction equipment, water management & treatment, cold chain solutions, building management systems, and indoor air quality.

Voltas has provided air conditioning in the world's tallest building i.e. the Burj Khalifa in Dubai and also in the once biggest ocean liner RMS Queen Mary 2.

The Company's strengths lie principally in

  • Management and execution of electro-mechanical projects, including air conditioning, water treatment and refrigeration
  • Sourcing, installation and servicing of diverse technology-based systems serving Indian industry through representation of global technology leaders

Organization[edit]

Voltas' operations have been organized into three independent business-specific clusters. Each of these has its own facilities for market coverage and service to customers.

Electro-Mechanical Projects and Services[edit]

  • Electrical, Mechanical, Refrigeration and Water Treatment Solutions
  • Electrical, Mechanical, Refrigeration and Water Treatment Solutions (International)

Engineering Products and Services[edit]

  • Textile Machinery
  • Mining & Construction Equipment

Unitary Cooling Products[edit]

  • Air conditioners
  • Commercial Refrigeration
  • Water Coolers & Dispensers

Voltas is a part of the Tata Group. The managing director is Mr. Sanjay Johri. Its shares are traded on the Bombay Stock Exchange under symbol 500575 with a turnover of INR 5364.35 crore in 2011-12.

Overview of Voltas' Businesses Today
Overview of Voltas' Businesses Today

The Voltas company has large Service Network and has its own service center in each major city.

In 2014, Voltas was ranked 39th among India's most trusted brands according to the Brand Trust Report, a study conducted by Trust Research Advisory.[7]

Nationwide & Global Offices, Subsidiaries and Joint Ventures[edit]

India[edit]

Voltas Headquarters - Mumbai, India

  • Zonal HQ in Mumbai, Delhi, Chennai and Kolkata
  • Branch/area offices in Ahmedabad, Baroda, Bangalore, Calicut, Coimbatore, Chandigarh, Ghaziabad, Indore, Jaipur, Jamshedpur, Kochi, Kolhapur, Lucknow, Ludhiyana, Madurai, Panjim, Pune, Secunderabad, Surat, Tirupati, Tirupur, Vijaywada and Visakhapatnam
  • Factories: Thane (Maharashtra), Dadra (Union Territory) and Pantnagar (Uttaranchal)

International Offices[edit]

International Head Office - Dubai Investments Park - 1, Dubai, UAE

Branch Office Locations[edit]
  • United Arab Emirates - Abu Dhabi, Dubai
  • Qatar - Doha
  • Bahrain - Manama
  • Oman - Muscat
  • Singapore
Wholly Owned Subsidiaries[edit]
  • Weathermaker - Jebel Ali Free Zone, Dubai, U.A.E. (Factory)
  • Saudi Ensas, Kingdom of Saudi Arabia
Joint Ventures[edit]
  • Olayan Voltas, Kingdom of Saudi Arabia
  • Universal Voltas - Abu Dhabi, U.A.E. (Offices in Al Ain, Sharjah and Dubai)
  • Universal Weathermaker - Abu Dhabi, U.A.E. (Factory)
  • Lalvol - Muscat, Oman

History[edit]

The Company was Incorporated on the 6 of September, 1954 in Mumbai, India. The origin of the name Voltas comes from a combination of Volkart, Swiss brothers who partly founded the company and Tatas (VOL-TAS).

In 1978, Voltas established its first presence in the Middle East.

Cold Storage and Industrial Refrigeration Solutions[edit]

Voltas specializes in Ammonia based refrigeration solutions for temperatures as low as -80 Deg C for industries like Dairies, Logistics and Warehouses, Refineries, Pharmaceuticals, etc.

Applications:

  • Cold Storages for distribution centers
  • Fruit ripening chambers
  • Hybrid rooms cold rooms operating in both negative and positive temperatures
  • Blast freezers
  • Food and Drug Administration guidelines for Pharmaceuticals (21 CFR Part 11)

Awards[edit]

2014-15[edit]

Dun & Bradstreet Corporate Awards - Consumer Durables & Appliances Sector

2013-14[edit]

Sustainable Project of the Year, GCC for Al Bustan Utility Complex, Riyadh, KSA[8][9]

2012-13[edit]

2012 - MEP Project of the Year, GCC for Yas Waterworld, Abu Dhabi, UAE[10]

2012 - MEP Company of the Year, GCC[11]

2011-12[edit]

2011 - MEP Project of the Year, GCC for Etihad Towers, Abu Dhabi, UAE[12]

2011 - MEP Company of the year, GCC[13]

2010-11[edit]

2010 - MEP Project of the Year, GCC for Ferrari World, Abu Dhabi, UAE[14]

2010 - MEP Company of the Year, GCC[15]

References[edit]

  1. ^ "Electro-Mechanical Solutions | Engineering Solutions Providers | Cooling Appliances". Voltas.com. Retrieved 16 July 2010. 
  2. ^ http://www.voltas.com/investor_info/images/2014/voltas_annual_report_2013-2014.pdf
  3. ^ http://www.voltas.com/investor_info/images/2014/voltas_annual_report_2013-2014.pdf
  4. ^ http://www.voltas.com/investor_info/images/2014/voltas_annual_report_2013-2014.pdf
  5. ^ http://www.voltas.com/investor_info/images/2014/voltas_annual_report_2013-2014.pdf
  6. ^ http://www.voltas.com/investor_info/images/2014/voltas_annual_report_2013-2014.pdf
  7. ^ "India's Most Trusted Brands 2014". Archived from the original on 2 May 2015. 
  8. ^ Staff, CW. "MEP Awards: Voltas Olayan wins Sustainable Project | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 2016-05-26. 
  9. ^ McElroy, Cathal. "MEP Awards 2013: Nominees | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 2016-05-26. 
  10. ^ Staff, CW. "MEP Awards: Yas Waterworld is Project of the Year | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 2016-05-26. 
  11. ^ Staff, CW. "MEP Awards: Voltas is 2012 Contractor of the Year | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 2016-05-26. 
  12. ^ Davids, Gavin. "MEP Awards 2011 | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 2016-05-26. 
  13. ^ Davids, Gavin. "MEP Awards: Voltas is 2011 Contractor of the Year | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 2016-05-26. 
  14. ^ Hope, Gerhard. "MEP Awards: Ferrari World is Project of the Year | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 2016-05-26. 
  15. ^ Hope, Gerhard. "MEP Awards: Voltas is contractor of the year | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 2016-05-26. 

External links[edit]