Voltas, Ardutch BV in joint venture for first production unit in Sanand

The manufacturing facility will be one of the first white goods appliances units in the state of Gujarat, says Voltas

Press Trust of India  |  New Delhi 

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- a joint venture between Voltas and -- on Saturday said it will set up its first manufacturing facility in the country in Sanand, Gujarat.

The plant will manufacture home appliances, including refrigerators and washing machines.

In May last year, Voltas had formed a JV with AS, a company incorporated in Istanbul, Turkey. The JV company proposes to leverage the brand presence and sales and distribution network of Voltas, while AS will contribute in R&D and manufacturing.

The products of the JV company are expected to be marketed under the 'Voltas-Beko' brand.

"has today laid ground to start construction of their first manufacturing facility, spread over 60 acres, in Sanand, an upcoming industrial hub in Gujarat. This facility will be manufacturing that include refrigerators and washing machines," Voltas said in a filing.

The filing, however, did not disclose investment details.

"This manufacturing facility will be one of the first white goods appliances unit in the state of Gujarat, creating an OEM (original equipment manufacturer) base for in the region along with local employment opportunities," the filing said.

First Published: Sat, June 23 2018. 19:26 IST