IFB Home Appliances

Indian home appliances company

IFB Appliances

Company type| Public

Traded as

| NSE: IFBIND
BSE: 505726
Industry| Home appliances
Founded| 1974; 51 years ago (1974)[1]
Founder| Bijon Nag[1]
Headquarters|

Kolkata

India

Area served

| Worldwide
Products| Washing Machines, Refrigerators, Air Conditioners, Microwave Ovens, Hobs, Chimneys, Dishwashers, Clothes Dryers[2]
Website| www.ifbappliances.com

IFB Home Appliances is an Indian home appliances company and a division of IFB Industries.[3] It has its manufacturing locations in Kolkata and Verna, Goa. The company has a chain of ~530 retail outlets called ‘IFB Point’.[4][5]

## History

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Originally IFB Industries was known as Indian Fine Blanks Ltd and started operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland.[6] In 1989, it entered an agreement with Bosch-Siemens Hausgerate to produce fully-automatic washing machines and other domestic appliances.[7] The Home Appliances Division started in 1990-91.[8] The factory is based at Verna Industrial Estate, Verna, Goa, India and Visveswariah Industrial Estate, Bengaluru, India.[9]

## Products

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The company currently offers products for laundry, kitchen, living and industrial purposes along with additives and accessories.[3] It offers appliances such as washing machines, washer-dryers, laundry dryers, dishwashers, microwave ovens, air conditioners, Refrigerators , hobs, chimneys and other cooking appliances.[10]

## References

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1. ^ a b Mukherjee, Writankar. "Home appliance maker IFB stands firm amid rush of foreign brands like LG, Samsung, Whirlpool". The Economic Times.
2. ^ Law, Abhishek. "IFB Industries eyes increased localisation of high cost imports". The Hindu Business Line. Retrieved 12 November 2021.
3. ^ a b "About Us". IFB Appliances. Retrieved 27 January 2017.
4. ^ "IFB Industries Ltd. Company History". Business Standard India.
5. ^ Com, Moneycontrol. "IFB Industries Share Price, IFB Industries Stock Price, IFB Industries LTD. Stock Price, Share Price, Live BSE/NSE, IFB Industries LTD. Bids Offers. Buy/Sell IFB Industries LTD. News & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes".
6. ^ "IFB Industries Ltd". The Economic Times.
7. ^ "IFB stops CBU imports, begins mass production". The Times of India. Retrieved 12 November 2021.
8. ^ "IFB Industries starts production from Goa factory". Business Standard. Retrieved 26 November 2022.
9. ^ http://www.cbecddm.gov.in/ddm/Publication/2006_07/Book 1/Bangalore-I.pdf[permanent dead link] [bare URL PDF]
10. ^ "IFB Industries Ltd" (PDF). NSE India. Retrieved 27 January 2017.

## External links

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* Official website