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Dawlance was founded in 1980 by Bashir Dawood, a member of Dawood family, as a manufacturer of refrigerators. [5] In 1988, the company expanded its product line by introducing deep freezers. [5] In the mid-1990s, Dawlance began manufacturing air conditioners, microwave ovens, washing machines and water dispensers in Pakistan. [5]
Voltas [8] is the largest air conditioning brand in India. It started manufacturing air conditioners in the 1960s under license from the Carrier Corporation . [ 9 ] Voltas produced India's first window air conditioner with DC-inverter-based variable-speed motors. [ 10 ]
In India, dhobis, a caste group specialized in washing clothes, are slowly adapting to modern technology, but even with access to washing machines, many still handwash garments as well. [154] Since most modern homes are equipped with a washing machine, many Indians have dispensed with the services of the dhobiwallahs .
JPMorgan, which had been bearish on the stock market since late 2022, flipped bullish and analysts at the bank said they expect an 8% gain next year, with a 6,500 price target.
In 2007, a refrigerator/freezer factory was opened and the cornerstone laid for a washing machine factory in Saint Petersburg, Russia, and for a washing machine factory in Nanjing, China. In 2009, washing machine production started up in Nanjing and BSH Home Appliances Private Limited was founded in Mumbai, India.
Arçelik produced its first washing machine in 1959 and its first refrigerator in 1960 at its manufacturing plant in Çayırova, Istanbul. In 1986, Arçelik A.Ş. went public on Borsa Istanbul . In 1999, Arçelik and LG Electronics founded the joint-venture Arçelik-LG Klima Sanayi ve Ticaret A.Ş. for manufacturing air conditioning units for ...
An Illinois man arrested in Chicago last weekend is accused of plotting to kidnap a boy in Florida and hold him for a $100,000 ransom, according to federal prosecutors.
California Democratic Gov. Gavin Newsom asked state lawmakers Monday for an additional $25 million in funding to cover the cost of legal battles he expects to have with President-elect Donald ...