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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]
In 2017, Arçelik acquired Pakistan’s Dawlance for $243M. [25] In 2017, Arçelik and Tata Group has announced a new partnership. Arçelik and Voltas will form a joint-venture in India named Voltbek Home Appliances Ltd. This entity will provide manufacturing, sales, and after-sales services for VoltasBeko branded home appliances (refrigerators ...
Voltas produced India's first window air conditioner with DC-inverter-based variable-speed motors. [10] DC Inverter Technology is an innovative technology that provides superior cooling while reducing the frequency of turning the compressor on and off. This helps in reducing the power consumption to a greater extent. [11]
Haier was founded as Qingdao Refrigerator Co. in 1984. With China opening up to world markets, foreign corporations began searching for partnerships in China. One of these, Germany's refrigerator company Liebherr, entered into a joint-venture contract with Qingdao Refrigerator Co., offering technology and equipment to its Chinese counterpart.
Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, which is managed and largely owned by the Godrej family.It was founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897, and operates in sectors including real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products. [4]
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.
Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India.The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. [1]
Johnson Controls Hitachi AC Limited is a Japanese multinational air conditioning manufacturing company that manufactures home appliances and specialises in air conditioning and cooling technology. The company was incorporated on 1 October 2015 in Tokyo, as a Joint Venture between Johnson Controls and Hitachi Appliances .