Voltas

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Voltas Limited- A TATA Enterprise
Company typePublic company (NSEVOLTAS) (BSE500575)
IndustryHome appliances
Engineering
Founded1954[1]
HeadquartersVoltas House, ,
ProductsHeating, Ventilation and Air conditioning, Refrigeration
Revenue61.20 billion (US$770 million) (2016)[2]
3.4 billion (US$43 million) (2014)[3]
2.45 billion (US$31 million) (2014)[4]
Total assets47.45 billion (US$590 million) (2014)[5]
Total equity18.19 billion (US$230 million) (2014)[6]
Number of employees
5,287 (2015)
ParentTata Group
WebsiteVoltas official website

Voltas Limited is an Indian multinational engineering, HVAC, air conditioning, and refrigeration company based in Mumbai, India. The company makes equipment for industries in areas such as heating, ventilation and air conditioning, refrigeration, construction equipment, materials handling, water management, building management systems, indoor air quality and chemicals. It also provides machinery & servicing in Textile and Mining field. The Textile division is active from the very onset of the company.

Voltas has provided air conditioning in the world's tallest building, the Burj Khalifa [7] [8] and also in the once largest ocean liner, RMS Queen Mary 2. [9]

Voltas has been awarded the National Energy Conservation Award.

The Company was Incorporated on 6 September 1954 at Mumbai. The Company was promoted in 1954 by M/s. Volkart Brothers and Tatas.

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

The Voltas company has large Service Network. Voltas 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.[10]

References

  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. ^ "Burj Khalifa, Dubai, UAE".
  8. ^ "Escaping the Dubai Downturn: Voltas's Latest Engineering Feat".
  9. ^ "Voltas clinches order to air-condition Queen Mary".
  10. ^ "India's Most Trusted Brands 2014".