Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 01st July, 2026: Leading cooling products manufacturer Voltas is evaluating plans to enter compressor manufacturing, Chairman Noel Tata said on Tuesday at the company's annual general meeting (AGM).
Tata, who also announced that he will step down as Chairman of Voltas, said the company is reviewing the feasibility of foraying into compressor manufacturing as part of its future growth strategy.
"At present, we do not manufacture compressors, but it is being reviewed by the management, which may take a decision in the near future," he said while addressing shareholders.
If approved, the move would mark a significant expansion of Voltas' manufacturing capabilities and could strengthen its position in the air-conditioning and cooling products segment by increasing backward integration.