IFB Home Appliances

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]

IFB Appliances
TypePublic
NSE: IFBIND
BSE: 505726
IndustryHome appliances
Founded1974 (1974)[1]
FounderBijon Nag[1]
Headquarters
Kolkata, West Bengal
,
India
Area served
Worldwide
ProductsWashing machines, air conditioners, microwave ovens, hobs, chimneys, dishwashers, clothes dryers[2]
Websitewww.ifbappliances.com

History

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

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, hobs, chimneys and other cooking appliances.[10]

References
  1. 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. "About Us". IFB Appliances. Retrieved 27 January 2017.
  4. "IFB Industries Ltd. Company History". Business Standard India.
  5. "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%201/Bangalore-I.pdf
  10. "IFB Industries Ltd" (PDF). NSE India. Retrieved 27 January 2017.
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