Voltas, India's leading air-conditioner maker, is set to expand its global footprint by exporting to Europe and the Middle East, leveraging its existing manufacturing capacity. Chairman Noel Tata announced his departure from the board, citing retirement age. The company is also reviewing in-house compressor manufacturing after a previous joint venture faced regulatory hurdles.

Veteran Tata Group leader Noel Tata is stepping down as Chairman of Voltas, marking his final AGM in the role. He expressed confidence in the company's next-generation leadership,…

Voltas, India's leading air-conditioner maker, is set to expand its global footprint by exporting to Europe and the Middle East, leveraging its existing manufacturing capacity.…