Whirlpool of India Ltd Share Price

Whirlpool of India Ltd. is a leading manufacturer and marketer of home appliances in India. The company operates in the consumer durables sector and offers a wide range of products. This includes washing machines, refrigerators, air conditioners, dishwashers, microwave ovens, and kitchen appliances. It also offers built-in and small appliances catering to the diverse needs of Indian consumers. Whirlpool of India Ltd. is a subsidiary of Whirlpool Corporation, a global leader in the home appliances industry.

Whirlpool of India Ltd. falls under the consumer durables sector. The company was incorporated in 1960. It has established a strong presence in the Indian market and is known for its innovative and high-quality products.

The headquarters of Whirlpool of India Ltd. is located in Gurugram, Haryana, India. The company is promoted by Whirlpool Corporation, which holds a significant stake in the company.

Whirlpool of India Ltd. is one of the largest manufacturers and marketers of major home appliances in the country. The company has a high market capitalization, which makes it a major player in the industry. Whirlpool of India is recognized for its commitment to quality, innovation, and customer satisfaction.

The promoter shareholding in Whirlpool of India Ltd. stands at 51%, which is entirely held by Whirlpool Mauritius Ltd. This indicates strong promoter commitment to the business.

The registered office of Whirlpool of India Ltd. is situated at Plot No. A-4, MIDC, Ranjangaon, Taluka-Shirur, Pune 412220, Maharashtra, India. The registrar of the company is located at Noble Heights, 1st Floor, Plot NH 2, C-1 Block LS, New Delhi 110058, Delhi, India. The key managerial promoters of the company include:

• Arvind Uppal
  
• Narasimhan Eswar
  
• Arumalla Hari Bhavanarayana Reddy
  
• Anil Berera
  
• Harita Gupta
  

Whirlpool of India Ltd. is a well-established home appliances company in India. The company is known for its comprehensive range of products and strong market presence. Its commitment to quality, innovation, and customer satisfaction has solidified its position as a trusted name in the consumer durables sector.

Influence of the Company

Whirlpool of India Ltd. stands as a pioneering force in the consumer durables sector. This is because it has fundamentally reshaped the landscape of home appliances in India since its incorporation. As a subsidiary of the global Whirlpool Corporation, the company has been instrumental in introducing cutting-edge technological solutions. Their solutions have transformed the way Indian households approach domestic living. Over the decades, Whirlpool has not merely been a manufacturer of home appliances but a catalyst for technological empowerment, lifestyle enhancement, and domestic convenience across the nation.

The company's influence extends far beyond traditional product manufacturing. It represents a comprehensive approach to technological innovation and consumer experience. Whirlpool of India has systematically built a diverse product portfolio that addresses the evolving needs of Indian consumers. Their products are ranging from refrigerators to air conditioners and sophisticated kitchen appliances.

By understanding the unique requirements of the Indian market, the company has consistently developed products that blend global technological standards with local consumer preferences. This strategic approach has been critical in establishing Whirlpool as a trusted brand. Thus, the company goes beyond mere product sales to become an integral part of Indian households.

The economic and technological impact of Whirlpool of India is particularly significant in the context of India's rapid technological transformation. With substantial market capitalisation and promoter shareholding, the company has been a key driver of technological democratization in the consumer durables sector.

Whirlpool has played a crucial role in improving the quality of domestic life for millions of Indian families. This is accomplished by making advanced home appliances more accessible and affordable. The company's manufacturing facilities have created employment opportunities. Also, it has contributed to the development of a sophisticated manufacturing ecosystem in India.

Technological innovation has been the cornerstone of Whirlpool's influence in the Indian market. The company has consistently invested in research and development. This helps it introduce advanced features that address specific challenges of Indian households. Innovations such as energy-efficient refrigeration technologies, intelligent washing machine systems, and smart kitchen appliances have set new benchmarks in the consumer durables industry.

Additionally, Whirlpool has transformed home appliances from mere utility products to intelligent, responsive solutions that enhance domestic convenience and efficiency. This is achieved by integrating advanced technologies like inverter compressors and adaptive cooling systems.

The company's impact extends beyond technological innovation to include significant contributions to sustainability and environmental consciousness. Whirlpool of India has been at the forefront of developing energy-efficient appliances that reduce electricity consumption and minimise environmental impact.

Whirlpool of India Ltd. represents a transformative force in India's consumer durables landscape. From introducing advanced technological solutions and creating employment opportunities to driving sustainability and enhancing domestic living experiences, the company has made a multifaceted impact on Indian society. The company's journey illustrates how strategic technological innovation can fundamentally transform consumer experiences. This company sets new standards of convenience, efficiency, and quality in the home appliances sector.