Voltas
Mr. Vinayak K. Deshpande has been on the Board of Voltas Limited as a Non-Executive Director since February 2012.
He is the Managing Director of Tata Projects Limited (one of India’s fastest growing engineering and construction company) since July 2011. A graduate in Chemical Engineering (1980) from IIT, Kharagpur, he has over 36 years of work experience in different roles, in diverse industries; starting with the design and sales of boilers and captive power plants at Thermax, to Industrial Automation at Tata Honeywell. At Tata Honeywell, he was the Managing Director of its India business for five years till 2004- 05, wherein he grew the company’s operations pan India, to achieve about 300% growth. Thereafter he had a successful stint as the Executive President (Operations) of Tata Teleservices.
Since Mr. Deshpande took charge as Managing Director of Tata Projects, the company has achieved all-round excellence in its business of Industrial Infrastructure.
These include winning Urban Metro system projects in four cities, Mumbai Trans Harbour Link project, a River Rejuvenation project and several High Rise building projects. Under his mentorship, Tata Projects has been voted consecutively for the last 5 years as `India’s Most Admired’ and `Fastest Growing Construction Company’ by `Construction World’ journal. The company was also awarded by `EPC World’ for its `Outstanding Contribution in Power T.
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Voltas
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Voltas Limited is an air conditioning and engineering company. The Company is engaged in room air conditioners, contract revenue, commercial refrigeration products and sale of services. The Company's segments include Electro-mechanical Projects and Services; Engineering Products and Services; Unitary Cooling Products for Comfort and Commercial use, and Others. The Company is engaged in the field of air conditioning, refrigeration, as well as in the business of electro-mechanical projects as an engineering, procurement and construction (EPC) contractor. The Company is also engaged in the business of engineering product services for mining, water management and treatment, construction equipment and textile industry. The Company offers products, including textile machinery; mining and construction equipment; heating, ventilation, air conditioning and refrigeration (HVAC&R), and water coolers and dispensers. The Company has presence in India, the Middle East, among others.