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Technology

Voltas, Atomberg Innovation plan 50:50 venture to manufacture AC compressors

Economic Times - Tech · 14 August 2026 at 7:55 pm

Voltas, Atomberg Innovation plan 50:50 venture to manufacture 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 Innovation.

Read the full article on Economic Times - Tech ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to Economic Times - Tech.

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