IFB Industries has started mass production of top loader washing machines from February 12, 2015 in its Goa factory. Moreover, the trial/ batch production has already started from January 28, 2015 and imports have been stopped.
Further, by April 2015 different capacities will be introduced across India ranging from 6.5 Kg to 9.5 Kg Machines which we hope will lead to significant increase in sales.
IFB Industries has two main businesses - home appliances and engineering division - which contributed 85% and 15% to FY14 revenue, respectively.
