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Voltas and Ardutch (Arcelik subsidiary) agreed to establish a $100 million equity joint venture in India to manufacture and sell consumer durables such as refrigerators and washing machines, with plans to set up a manufacturing facility.
Beko Plc officially opened its first R&D centre in Cambridge, UK, on December 13, 2016. The centre will focus on intelligent product technologies, advanced materials and progressive manufacturing for home appliances.