V-Guard Industries
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V-Guard Industries Ltd, is an
Indian Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asia ...
electrical Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described ...
s and home appliances
manufacturer Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...
, headquartered in
Kochi Kochi (), also known as Cochin ( ) ( the official name until 1996) is a major port city on the Malabar Coast of India bordering the Laccadive Sea, which is a part of the Arabian Sea. It is part of the district of Ernakulam in the state of ...
and the largest in the state of
Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South Ca ...
with an annual turnover of billion ( million) in
financial year A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
2017–18. The company manufactures voltage stabilizers,
electrical cable An electrical cable is an assembly of one or more wires running side by side or bundled, which is used to carry electric current. One or more electrical cables and their corresponding connectors may be formed into a ''cable assembly'', whic ...
, electric
pump A pump is a device that moves fluids (liquids or gases), or sometimes slurries, by mechanical action, typically converted from electrical energy into hydraulic energy. Pumps can be classified into three major groups according to the method they ...
s,
electric motors An electric motor is an electrical machine that converts electrical energy into mechanical energy. Most electric motors operate through the interaction between the motor's magnetic field and electric current in a wire winding to generate forc ...
,
geysers A geyser (, ) is a spring characterized by an intermittent discharge of water ejected turbulently and accompanied by steam. As a fairly rare phenomenon, the formation of geysers is due to particular hydrogeological conditions that exist only in ...
, solar water heaters,
electric fans A fan is a powered machine used to create a flow of air. A fan consists of a rotating arrangement of vanes or blades, generally made of wood, plastic, or metal, which act on the air. The rotating assembly of blades and hub is known as an ''imp ...
and UPSs. It was founded in 1977 by
Kochouseph Chittilappilly Kochouseph Thomas Chittilappilly (born 27th March, 1957) is an Indian business magnate, writer, investor and philanthropist. He is the founder, Chairman and Chief Executive Officer of V-Guard Industries and a chain of amusement parks called Won ...
as a small voltage stabilizer manufacturing unit. Kochouseph Chittilappilly also founded other establishments held as subsidiaries such as
V-Star Creations V-Star Creations is an Indian manufacturer of inner wear. It is the subsidiary of V-Guard IndustriesPublic disclosure of V-Guard http://www.sebi.gov.in/dp/vguardfinal.pdf V-Star Creations was founded in 1995 by Sheela Kochouseph, the wife of K ...
, an Indian manufacturer of innerwear for men, women, and children, and
Wonderla Wonderla is the largest chain of amusement parks in India. It is owned and operated by Wonderla Holidays Limited which is headquartered near Bidadi, from Bengaluru, Karnataka. It operates 3 amusement parks in Kochi, Bengaluru, and Hyderabad. ...
, a chain of amusement parks in South India.The Hindu BusinessLine. Stock Insight: V-Guard Industries.
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History

V-Guard is a consumer goods company with diversified product offerings. Headquartered in the city of
Kochi Kochi (), also known as Cochin ( ) ( the official name until 1996) is a major port city on the Malabar Coast of India bordering the Laccadive Sea, which is a part of the Arabian Sea. It is part of the district of Ernakulam in the state of ...
, Kerala, the company has over 500 distributors, 40,000 retailers and 31 branches across India as of March 2019. It is listed with the NSE and BSE since 2008. Over the years V-Guard has sold into domestic, industrial and agricultural electronic goods and appliances category taking the total company revenue to over crore in 2016–17 The company started in 1977, when Kochouseph Chittilappilly set out to build a brand in the Indian electric and electronic goods industry The company started with a small manufacturing unit for voltage stabilizers, a capital of and two employees. The Kangaroo logo was created by artist V. A. Sreekandan (Mani). The company's current managing director, Mithun Chittilappilly is a Post Graduate in Management from the University Of Melbourne, Australia. In the year 2006, he joined V-Guard as the executive director and in 2012, he was appointed as the managing director of the company. Mithun Chittilappilly has previously worked with leading MNCs like
Deloitte Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of professio ...
&
Hewlett Packard The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...
. Chairman and founder, Kochouseph Chittilappilly was born in 1950 in
Thrissur Thrissur (), formerly Trichur, also known by its historical name Thrissivaperur, is a city and the headquarters of the Thrissur district in Kerala, India. It is the third largest urban agglomeration in Kerala after Kochi and Kozhikode, and t ...
,
Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South Ca ...
, into a family traditionally engaged in agriculture. He holds a master's degree in Physics and began his career as a Supervisor in an electronics company. He is one of the founder promoters and was also the acting managing director of the company till in April 2012, he passed the baton on to his son Mithun Chittilappilly.


References


External links

* Companies based in Kochi Manufacturing companies established in 1977 Indian brands Home appliance manufacturers of India Wire and cable manufacturers 1977 establishments in Kerala Indian companies established in 1977 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange {{India-company-stub