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V-Guard Industries’ arm starts commercial production of Kitchen Appliances

06 Mar 2024 Evaluate

V-Guard Industries’ wholly owned subsidiary -- V-Guard Consumer Products (VCPL) has started commercial production of Kitchen Appliances (Mixer Grinder & Gas Stove) at its state of art manufacturing facility set up in Vapi, Gujarat on March 06, 2024. The actual investment incurred for the project is around Rs 20 crore which was funded through internal accruals and the manufacturing facility has installed capacity of 7 Lakh units per annum for Mixer Grinder and 3.60 Lakh units Per Annum for Gas Stove.

V-Guard Industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.


Peers
Company Name CMP
Waaree Energies 2441.00
Apar Industries 14581.40
Havells India 1121.60
Suzlon Energy 39.05
Siemens 3655.45
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