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IFB Industries

#6398

Rank

$604.23M

Marketcap

IN India

Country

IFB Industries
Leadership team

Mr. Bijon Bhushan Nag (Exec. Chairman)

Mr. Bikramjit Nag B.B.A., BBA (Joint Exec. Chairman & MD)

Mr. Prabir Chatterjee (CFO & Exec. Director)

Products/ Services
Industrial Engineering, Machinery Manufacturing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Kolkata, West Bengal, India
Established
1974
Company Registration
SEC CIK number: 0000876523
Revenue
500M - 1B
Traded as
IFBIND.NS
Social Media
URL
https://www.ifbindustries.com
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
IFB Industries Limited, together with its subsidiaries, manufactures and trades in home appliances primarily in India. It offers domestic washing machines, microwave ovens, domestic and industrial dishwashers, clothes dryers, and modular kitchens; kitchen appliances, such as hobs, chimneys, and built-in ovens; air conditioners; and industrial washing systems, including dry cleaning and other finishing equipment. The company also provides a range of parts and accessories for motor vehicles, etc.; and fine blanked components and cold rolled steel strips, as well as tools and related machine tools, such as straighteners, decoilers, strip loaders, and others. In addition, it exports its products. The company was formerly known as Indian Fine Blanks Limited. IFB Industries Limited was incorporated in 1974 and is based in Kolkata, India.
History

IFB Industries was established in 1974 by Dr. V.K. Banerjee and K.L. Banerjee as Indian Fine Blanks Limited. It initially started its operations as a joint venture with Heil Klinker of West Germany and Siemens AG, for the manufacturing of automobile parts, industrial appliances, home appliances, dairy equipment, office and communication equipment, etc. In 1976, the first production unit of IFB was set up with an investment of INR 150 million. By 1990, the company had six manufacturing units in India and abroad.

Mission
IFB Industries Ltd.’s mission is to consistently provide superior quality products and services that delight customers; develop and empower employees; and generate maximum returns for stakeholders.
Vision
IFB Industries Ltd.’s vision is to be the leading consumer durables company in India, driven by innovation and excellence in engineering, design and service.
Key Team

Mr. Raj Shankar Ray (MD & CEO of Home Appliances Division and Additional Director)

Mr. Amar Singh Negi (Exec. Director - Service Bus. Head & Additional Director)

Mr. Harsh Vardhan Sachdev (MD & CEO of Engineering Division & Director)

Mr. Soumitra Goswami (Gen. Mang. of Accounts & Fin.)

Mr. Goutam Ray Chowdhury (Compliance Officer & Company Sec.)

Mr. Sujan Kumar Ghosh Dastidar (Pres of Legal)

Ms. Souravi Sinha (Gen. Mang. of Human Resource Corp.)

Recognition and Awards
IFB Industries was awarded the Best Domestic Brand 2014 - 2015 Award presented by the Confederation of Indian Industry . It was also awarded the International Quality Summit Award 2015 & ‘Hall of Fame’ Award for Excellence in Quality Management by Business Initiative Directions, Spain in 2015.
References

https://en.wikipedia.org/wiki/IFB_Home_Appliances

https://in.investing.com/equities/ifb-industries-ltd

https://www.comparably.com/companies/ifb-industries

https://www.crunchbase.com/organization/ifb-industries

https://finance.yahoo.com/quote/IFBIND.NS/

https://www.ifbindustries.com

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IFB Industries
Leadership team

Mr. Bijon Bhushan Nag (Exec. Chairman)

Mr. Bikramjit Nag B.B.A., BBA (Joint Exec. Chairman & MD)

Mr. Prabir Chatterjee (CFO & Exec. Director)

Products/ Services
Industrial Engineering, Machinery Manufacturing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Kolkata, West Bengal, India
Established
1974
Company Registration
SEC CIK number: 0000876523
Revenue
500M - 1B
Traded as
IFBIND.NS
Social Media
URL
https://www.ifbindustries.com