Voltas Beko to launch more items; Sanand plant starts output

Turkish durables player Arçelik and Tata Group’s Voltas have started operations at their first production facility in India at Sanand in Gujarat. The facility will be operated by Voltbek Home Appliances Pvt Ltd, the 50:50 joint venture between the two groups, and will gradually be scaled up to 2.5 million units of annual production by […]

Voltas, Ardutch to establish their durables plant in Sanand, Gujarat

Air conditioning company Voltas said Voltbek, its joint venture with Turkey’s Ardutch, will set up its first factory to produce refrigerators and washing machines in Sanand in Gujarat. The two companies had announced a joint venture agreement a year ago. “Voltbek has today laid ground to start construction of their first manufacturing facility, spread over […]

South leads, East lags in consumer durables purchases in India

With increasing purchasing power and aspiration for a better life in the villages, Karnataka, Andhra Pradesh, Kerala, Rajasthan, Tamil Nadu and Gujarat have registered a phenomenal growth in ‘rural’ consumption of consumer durable goods and the overall growth in rural areas during the period of 2007-08 and 2011-12 was higher than the cities, according to […]