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Symphony Limited is an Indian multinational electronics and home appliances company, that specializes in manufacturing air coolers. It is based in Ahmedabad and was established in 1988. [ 2 ] It is a public limited, listed company, [ 3 ] with operations in about 60 countries.
Blue Star was founded in 1943 by Mohan T Advani as a reconditioning company. [4] [5] Soon after inception, Blue Star ventured into the manufacturing of ice candy machines and bottle coolers and began the design, execution of central air conditioning projects, followed by the manufacturing of water coolers.
Voltas is India's largest air conditioning company by market share. [3] [4] The company was incorporated on 6 September 1954 in Mumbai, as a collaboration between Tata Sons and Volkart Brothers. The company is currently chaired by Noel Tata [5] and Pradeep Bakshi is the company's current chief executive officer and managing director. [6]
The company was about to go bankrupt in 2002, but after purchasing a majority stake in a Mexico company, Bakeri claims it became the world's largest air-cooler manufacturing company. [ 3 ] [ 4 ] In February 2017, Symphony launched air cooler with multiple features like touch screen, voice assist, mosquito repellent.
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In India, Hitachi air conditioners are manufactured and marketed by Hitachi Home & Life Solutions India Ltd, which is a joint venture between Hitachi Homes and the Johnson Controls group based in Ireland. The company is headquartered in Ahmadabad, Gujarat. It has another Global Development Center in Kadi, Gujarat. [5]
While unveiling the Joint Venture's plans, Sanyo-BPL Pvt Ltd Chairman and Chief Executive Officer, Ajit G Nambiar, said the company expected to post revenues of around ₹ 2,000 crore (equivalent to ₹ 50 billion or US$590 million in 2023) by 2009 and lead the market in consumer electronics and white goods in five years.
Bangalore Stock Exchange (BgSE), was a public stock exchange based in Bangalore, India fully owned by Government of India. [1] [2] It was founded in 1963 and had 595 regional and non-regional companies listed. In September 2005, the BgSE announced plans to go public by divesting at least 51% of its ownership.
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