Voltas Beko eyes 2.5 mn home appliances by 2025 from Sanand facility

Under the JV, while Beko will bring in its strong research and development as well as global sourcing capabilities, Voltas will contribute in terms of its local branding and distribution strength

After launching its first manufacturing facility in India at Sanand in Ahmedabad for home appliances, including refrigerators and washing machines, Voltbek Home Appliances Pvt Ltd is now looking at rolling out 2.5 million units annually by 2025.

Pradeep Bakshi, MD & CEO, Voltas Limited, said that while the plant had an initial annual capacity of 1 million refrigerators, the same would be ramped up to 2.5 million by 2025, apart from manufacturing other appliances.

"Our target is to achieve a 10 per cent market share in all the home appliances being manufactured from here by 2025. Going forward, we will not shy