Voltas enters into technology license agreement with Vestfrost Solutions

18 Nov 2022 , 01:34 AM

Voltas has entered into a Technology License Agreement to develop manufacture sell and service medical refrigeration and vaccine storage equipment including Ice lined Refrigerators Vaccine Freezers and Ultra low temperature Freezers to the India market Vestfrost Solutions founded in Esbjerg Denmark in 1963 is one of the global developers and manufacturers of innovative and efficient refrigerators and freezers in the Bio Medical and Cold Chain industry and shall be providing the technology know-how for making the products at Voltas facilities in India This partnership will leverage the strong brand presence and wide sales and distribution network of Voltas Voltas has been the undisputed market leader for residential air-conditioners in India for over a decade and also enjoys market leadership in Commercial Refrigeration products in India Vestfrost Solutions will bring its strong RD and manufacturing prowess in addition to a wide product range and global sourcing capabilities These products will be designed using Vestfrosts global best practices and will be catering to the medical industry requirements