India Today Business Desk · DistrictNews · 2026-08-17
The AC inside your home still depends on China. Voltas wants to change that
Voltas and Atomberg Innovation have signed a binding term sheet for a 50:50 joint venture to make room AC compressors and allied components in India. The move comes as India tightens compressor imports and tries to build local capacity for a fast-growing air-conditioner market. The AC inside your home still depends on China. Voltas wants to change that
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