Company Directory - Kelvinator
Company Details - Kelvinator
Kelvinator
Kelvinator is an American company recognized for its pioneering work in electric refrigeration and renowned for its products in India. It has established an iconic status over the decades, providing a wide range of refrigeration and cooling solutions for consumers.
CCI Score
CCI Score: Kelvinator
11.39
-0.01%
Latest Event
Reliance Acquires Kelvinator, Reviving an Iconic Brand
Reliance Industries Ltd. has acquired the historic Kelvinator brand in a strategic move aimed at revitalizing India's consumer durables market. The acquisition is positioned to leverage domestic manufacturing and job creation under the 'Make in India' initiative, while also raising concerns about the consolidation of market power.
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SABOTEUR
Kelvinator is currently rated as a Saboteur.
Latest Events
- JUL182025
Reliance Industries Ltd. has acquired the historic Kelvinator brand in a strategic move aimed at revitalizing India's consumer durables market. The acquisition is positioned to leverage domestic manufacturing and job creation under the 'Make in India' initiative, while also raising concerns about the consolidation of market power.
+10
Economic and Structural Influence
July 19
This acquisition integrates Kelvinator into Reliance's expansive retail and manufacturing network, potentially spurring domestic production and job creation through initiatives like 'Make in India'. However, the consolidation of an iconic brand under a conglomerate also raises concerns about increased market concentration and regulatory capture, reflecting a mixed but cautiously positive impact from an anti-fascist economic perspective.
Reliance's Strategic Acquisition of Kelvinator: A Catalyst for India's Consumer Durables Revolution
- JUL182025
Reliance Industries' acquisition of the historic Kelvinator brand is viewed as a strategic move to rejuvenate the brand in India's consumer durables market, potentially boosting domestic manufacturing and job creation under the Make in India initiative.
+15
Business Practices and Ethical Responsibility
July 19
Kelvinator's integration into Reliance's portfolio is anticipated to foster innovation, bolster domestic manufacturing, and create employment opportunities. This aligns with progressive economic development and ethical business practices, supporting worker and consumer benefits.
Reliance's Strategic Acquisition of Kelvinator: A Catalyst for India's Consumer Durables Revolution
+10
Economic and Structural Influence
July 19
By merging Kelvinator into its expansive retail network, Reliance is positioned to capitalize on scale and domestic production capabilities. This structural shift may stimulate local economic growth and job creation, contributing positively to the economic landscape.
Reliance's Strategic Acquisition of Kelvinator: A Catalyst for India's Consumer Durables Revolution
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