Virtuoso Optoelectronics Limited (VOEPL) proudly announces the inauguration of its state-of-the-art reciprocatory compressor manufacturing plant in Nashik, Maharashtra, through its wholly owned subsidiary Virtuoso Compressors Private Limited (VCPL), representing a thoughtful step forward in expanding the group’s presence in the cooling components and broader white goods segment.
The inauguration ceremony was honoured by the presence of Dr. Ashish Kumar, Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, who served as the Guest of Honour.
This advanced manufacturing line, developed in technical collaboration with global refrigeration leaders M/s. Huayi Compressor (Jingzhou) Co. Limited and M/s. Jiaxipera Compressor Co. Limited., with support of M/s. Shenzhen Eateron Company Limited is designed to produce compressors for domestic and commercial refrigeration systems. This collaboration ensures access to proven, energy-efficient technology, enabling high-quality output aligned with global standards.
The facility has a production capacity of 2.8 million compressors per annum, spanning a wide range from 3 cc to 15 cc, with both fixed speed and variable speed compressor variants. As a category estimated to see robust double-digit growth, the Indian reciprocatory compressor market currently stands at approximately 22 million units annually, with 13–14 million units still being imported. Virtuoso’s new facility is aimed at significantly reducing import dependence and contributing to India’s localization goals under the Make in India initiative.
Dr. Kumar took a walkthrough of the production line, gaining insights into the precision-driven processes, manufacturing technologies and scalable automation that have been integrated. The leadership team also presented the scale-up & backward integration roadmap, reflecting the Group’s commitment to future-ready manufacturing and R&D-backed growth.
Mr. Sukrit Bharati, Managing Director, VCPL, said “Entering compressor manufacturing is a major step for the group and we look forward to building strong manufacturing capabilities in this segment. Local manufacturing of compressors will ensure smoother compliance with the BIS certification requirements mandated by the Government of India. This will also help in developing a local supply chain for compressors which is in line with the nation’s vision of – Make in India.”
“We hope VCPL can become a reliable partner for compressors for all domestic and commercial refrigeration product manufacturing companies in India. We extend our gratitude towards our partners for compressors – M/s Huayi Compressor (Jingzhou) Co. Limited and M/s Jiaxipera Compressor Co. Limited and hope to build a strong and lasting relationship. We also thank our government, investors, partners and team for their continuous support and confidence,” Mr. Sukrit added.
VOEPL remains firmly focused on responsible growth, innovation-led manufacturing, and import substitution, while enabling India to emerge as a global manufacturing hub. The company continues to align with the Prime Minister’s vision of ‘Make in India’, adding value through employment generation, skill development, and localisation.
About Virtuoso Optoelectronics Limited (VOEPL)
Virtuoso Optoelectronics Limited (VOEPL) was incorporated as Private Limited in September 2015 and was subsequently converted to a Public Company in March 2021. The company got listed on the BSE-SME exchange only on 15 September 2022. It is an emerging manufacturer of high-volume production of Electronics Manufacturing Services (EMS) and consumer products, based in Nashik (Maharashtra). They manufacture consumer durable goods and assemble a wide array of products and provide end-to-end product solutions. We serve under both original equipment manufacturers (OEMs) and Original Design Manufacturers (ODMs) business models.