Established in 1954 through a partnership between Tata Sons and Volkart Brothers, Voltas Limited has emerged as India’s largest Air Conditioning company and one of the leading engineering solutions providers. 

The company’s extensive product portfolio includes an exhaustive range of Room Air Conditioners (RACs), Water Coolers, Water Dispensers, Visi Coolers, Commercial Refrigeration products, Cold Rooms, Medical Refrigeration, Air Coolers, Water Heaters and Home Appliances. Voltas also offers a comprehensive suite of Commercial Air Conditioning solutions such as Light & Packaged Air Conditioners, Ducted ACs, VRF Systems, and Chillers, among others.

Voltas is also present in other businesses, such as Electro-mechanical projects, both in India and overseas, Textile Machinery Solutions, and Mining & Construction Equipment business. This reinforces its position as a multi-faceted leader in the industry.

With a deep understanding of the needs of modern consumers, Voltas has built a strong presence bringing comfort and convenience to millions of households across geographies it operates in. The company’s extensive reach is supported by a robust network of over 30,000 customer touchpoints for the RAC business, ensuring seamless ervice and customer satisfaction.

Voltas continues to dedicate 70+ years of learnings, innovation and excellence to contribute to a better, more comfortable tomorrow for our customers while maintaining commitment to quality and trust. 

Business Highlights

Unitary Cooling Products

• Overall volume growth of UCP for the year was 36%
• Consumer finance schemes boosted sales, while the margins improved through value engineering and cost-saving initiatives and overhead absorbed on higher sales
• Achieved the milestone of selling over 2.5 million Air Conditioners in 2024-25
• Recorded steady performance in Commercial Refrigeration products
• Started commercial operations of new Commercial Refrigeration plant at Waghodia and RAC plant at Chennai
• Launched new products in Cold Rooms and Medical Refrigeration, building a healthy order pipeline
• Success in tenders involving VRF and Screw Chillers ensured strong brand acceptance and positioned the Company for robust future performance
• Air Cooler segment delivered robust growth and was among the top 3 players in the market, aided by distributor tie-ups and seasonal placement schemes
• Commercial Air Conditioning vertical delivered steady performance through margin-accretive product mix

VoltBek

• Introduced the HarvestFresh campaign, driving brand visibility and customer engagement
• Expanded product portfolio with high-capacity washing machines and entry into the SDA market
• Enhanced business performance across all product categories
• Prioritised localisation of washing machines and refrigerators, either through the factory or local OEMs
• Achieved 8.7% market share in washing machines and 5.3% in refrigerators
• Ranked second in the semi-automatic washing machine segment with 15.3% market share and ranked as No. 2 brand in this category.
• Became the leading dishwasher brand on e-commerce platforms
• Gained acceptance across e-commerce, omni-channel, regional retail, and modern trade
• Actively engaged in exhibitions and dealer meetings to build relationships and showcase product offerings
• Continued strong growth in both urban and rural markets through tailored channel strategies
• Strengthened local production capabilities with plans to increase capacity by 50+%
• Advanced plans for 100% localised Refrigerators and Washing Machines production, reinforcing the brand’s ‘Made-in-India’ commitment
• Improved profitability through increased volumes and value engineering initiatives
• Launched the Factory of Happiness 2.0 Campaign to provide influencers with an exclusive look inside the Voltbek’s flagship manufacturing plant in Sanand, Gujarat

International Business Operations Group

• Maintained steady revenue and profitability, driven by execution discipline and cost control
• Favourable awards in legacy arbitration matters
• Delivered key international projects including Fujairah International Airport, Mina Zayed Tunnel, Dubai, Uptown Tower, and Dubai Waste Management Centre
• Maintained a selective approach to new orders
• Identified strong growth potential in the GCC region—particularly the UAE and Kingdom of Saudi Arabia, driven by real estate and infrastructure expansion

Infrastructure solutions vertical (Universal MEP Projects & Engineering Services Ltd (UMPESL))

MEP (Mechanical, Electrical, Plumbing)

• Strengthened presence in high-growth sectors like Electronics, Semiconductors, Batteries, and Solar Panel Manufacturing, supported by Production-Linked Incentive (PLI) and ‘Make in India’ initiatives
• Secured large-scale integrated MEP projects in Metro Rails, Tunnels and Data Centres
• Continued focus on agile execution, leveraging factory fabrication and prefab structures to accelerate timelines and improve productivity
• Invested in smart design tools, AI solutions, and project automation to enhance project competitiveness and delivery
• Improved operational efficiency through focussed reviews and working capital management

Water Infrastructure

• Secured significant wins including Rural Drinking Water Projects
• Expanded footprint in industrial water projects within the manufacturing sector
• Advanced ESG initiatives through water reuse, waste minimisation, and monitoring of key sustainability metrics
• Improved profitability by prioritising projects with strong funding mechanisms and implementing a robust collection process

Electrical & Solar Projects

• Gained momentum under the Revamped Distribution Sector Scheme (RDSS) for electrical distribution and substation works
• Executed multiple rooftop and ground-mounted solar projects in government and private sectors, contributing to green energy adoption
• Offered integrated solutions combining HVAC, electrical, and solar systems for large-scale infrastructure and net zero building projects
• Adopted solar-powered utilities and battery-operated equipment to reduce carbon footprint at project sites
• Enhanced project monitoring using Power BI dashboards and IoT-enabled tracking tools

Textile Machinery

• After-sales services remained a stable revenue stream amid moderated demand for capital equipment
• Our extended product portfolio includes Humidification Plants, Embroidery Machines, and Compressors
• Initiated market entry into Africa
• Focussed on sustainable and automated solutions, including regenerated fibre spinning and Whole Garment technologies
• Entered into an agreement for the marketing and sales of embroidery machinery from one of the reputed Japanese brands
• Entered into an agreement for the marketing and sales of humidification plants from a reputed Indian manufacturer

Mining and Construction Equipment

• Expanded footprint in Africa by replicating the successful Mozambique business model; exploring service opportunities in other geographies in collaboration with Tata Africa
• Secured multi-year contract extensions in Mozambique and actively pursuing productivity-linked contracts
• Targeting revenue growth through volume expansion, aiming to scale job scope for higher topline and bottom-line gains
• Leveraging predictive maintenance and IoT to reduce customer lifecycle costs; entering electric conversion for diesel-toelectric fleet transitions
• Adapting to market shifts with increased focus on underground coal mining and municipal solid waste screening, as road construction and iron ore sectors show stagnation