Tata Motors to sell Voltas? Now the company's statement has come, know what it said...
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| Aajkiprmukhkhabre |
Main points:
Reports of Tata Group selling its home appliance company Voltas have been doing the rounds for the past few days.
The company has issued a statement today refuting these reports.
The company said it is not looking to sell its home appliances business.
Article:
Reports of Tata Group selling its home appliance company Voltas have been doing the rounds for the past few days. According to these reports, the Tata Group was preparing to sell the home appliance business of Voltas for about $3.3 billion.
However, the company has denied these reports by issuing a statement today. The company said it is not looking to sell its home appliances business.
"We have noted that there have been some reports of Voltas selling its home appliance business. We would like to clarify that these reports are completely false. Tata Group is not looking to sell its home appliance business."
Voltas is an important part of the Tata Group and the company is committed to strengthening and growing its home appliances business, the statement said.
"Voltas is an important part of the Tata Group. We are committed to strengthening and growing our home appliances business."
Voltas is an Indian home appliance company founded in 1954. The company manufactures air conditioners, water coolers, refrigerators, washing machines, dishwashers, microwave ovens, and other appliances. The company operates in India, the Middle East, Southeast Asia, and Africa.
Aajkiprmukhkhabre
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