| Air Conditioners and White Goods | Manufacturing and assembly of air conditioners, water dispensers, washing machines, and refrigeration products. | Backward integration into compressors and polymers, approved PLI status, multi-location manufacturing. | B2B model - leading Indian consumer durable brands and retail chains. | Air conditioners and compressors. | 520 | 74 | Product sales to OEM brand owners under contract manufacturing and ODM arrangements. | Contract pricing typically based on volume and specification agreements. | Strong domestic demand, PLI incentives, new product introductions, capacity expansion. | VOEPL Air Conditioners, Water Dispensers, Deep Freezers |
| Electronics Manufacturing Services (EMS) | Manufacture of electronic components, LED lighting, remote controls, and assembly services. | Integrated manufacturing capabilities, long-term customer relationships, investment in R&D. | B2B - Electronic component clients and consumer appliance brands. | Electronic controller and lighting products. | 180 | 26 | Contract manufacturing and supply agreements with OEM/ODM customers. | Volume based contract manufacturing with recurring orders. | Increasing localization of components, growing demand for LED and electronic modules. | EMS Boards, Controllers, Lighting Solutions |
