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Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. [2] In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.
Originally IFB Industries was known as Indian Fine Blanks Ltd and started operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland. [6] In 1989, it entered an agreement with Bosch-Siemens Hausgerate to produce fully-automatic washing machines and other domestic appliances. [7]
In 1923, the company acquired AB Arctic and subsequently added absorption refrigerators to its product line. [14] [9] Other appliances soon followed, including washing machines in 1951, [15] dishwashers in 1959, [15] and food service equipment in 1962. [16]
Over the years, the company grew to operate seven factories in Italy, Poland, Mexico, India and China with a production of over 21 million hoods. [ 1 ] [ 2 ] [ 3 ] In June 2018, the company sold 33% of Elica India to Whirlpool of India .
By 1960, Maytag had ceased marketing ovens and refrigerators, but later started again to expand into kitchen appliances with its own design of portable kitchen dishwasher and a line of food-waste disposers. Upon the death in 1962 of Fred Maytag II, the last family member involved in the company's management, E. G. Higdon was named president of ...
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Next Retail India Ltd is a subsidiary of the Videocon Industries Ltd and engages in retailing consumer electronics in India. [3] It was founded in 2003 and currently has 600 showrooms across 25 states of India. It plans to open 400 new showrooms to increase its size to 1,000 odd retail stores by the end of the fiscal year 2010–11.
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