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CHAPTER THREE
V.GUARD
V-Guard is one of India’s consumer goods company with diversified product
offerings. Headquartered in city of Kochi, Kerala, the company now has over 500
distributors, 30,000 retailers, and branches
across India. It’s 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 Rs.
2150 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
Rs.100,000 and two employees. The Kangaroo logo was created by artist Sreekandan
V.A. (Manii). 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 & Hewlett Packard. Chairman and
founder, Kochouseph Chittilappilly was born in 1950 in Thrissur District, Kerala into a
family traditionally engaged in agriculture.
V-GUARD offers a range of products from Voltage Stabilizer to Digital UPS,
Inverter and Inverter Batteries, Electric Water Heaters, Solar Water Heaters, Domestic
Pumps, Agricultural Pumps, Industrial Motors, Domestic Switch Gears, Distribution
Boards, Wiring Cables, Industrial Cables, Induction Cooktops, Mixer Grinders, Fans,
Rice Cooker, Gas Stoves, Solar Power Systems & Air Coolers.