Voltas Evaluates Entry Into Compressor Manufacturing as Noel Tata Signals Exit
Tata's cooling brand Voltas is weighing backward integration into compressor making, Chairman Noel Tata told the AGM. Having built India's largest AC plant targeting 1 million RAC units in Q1 FY27, the company plans Rs 200 crore capex in FY27 even as Tata announced his departure.
Voltas is evaluating entry into compressor manufacturing, Chairman Noel Tata said at the AGM, where he also announced his exit. The cooling-products maker, having built India's largest AC plant, plans Rs 200 crore capex in FY27.