Voltas Limited, is an Indian multinational Home appliances company specialising in air conditioning and cooling technology. The company is broadly structured into projects and products business. The projects business is divided into Domestic Projects Group (DPG) and International Operations Business Group (IOBG). Meanwhile, the products business is classified into Unitary Products Business Group (UPBG), Mining & Construction Equipment Division (MCED), and Textile Machinery Division (TMD). The company was incorporated on 6 September 1954 in Mumbai. It was a collaboration between Tata Sons and Volkart Brothers. The Chairman of the company is Mr. Noel N Tata and the Managing Director and Chief Executive Officer of the company is Mr. Pradeep Bakshi. Its shares are traded on the Bombay Stock Exchange under symbol 500575. Voltas has also entered into a joint venture with Turkey-based Ardutch (a subsidiary of Arçelik, part of the Koç Group making the Beko brand of home appliances). It began producing refrigerators, air conditioners, washing machines and kitchen appliances under the name of Voltas Beko.