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Voltas and Atomberg Forge 50:50 Joint Venture for Local AC Compressors

Voltas and Atomberg Forge 50:50 Joint Venture for Local AC Compressors

Home/News/Voltas and Atomberg Forge 50:50 Joint Venture for Local AC Compressors

Voltas’ board approved a binding term sheet with Atomberg Innovation Private Limited on Friday, an exchange filing showed. The venture will be owned equally, although Voltas will nominate three directors to its five-member board and Atomberg Innovation two. Voltas owns no stake in Atomberg Innovatio

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Tags:#india-business#voltas#atomberg-innovation#ac-manufacturing#startup-funding-india

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