IFB Industries Limited is engaged in engineering and manufacturing of diverse parts and accessories for motor vehicles. The Company is also engaged in the business of manufacturing and trading of home appliances, and manufacturing of fine blanking components. Its segments include Engineering and Home Appliances. It has two divisions: Fine Blanking and Home Appliances. The Fine Blanking division's products range from fine blanked components and tools to related machines, such as straighteners, decoilers and strip loaders. Its engineering divisions are located in Kolkata and Bangalore. The Home Appliances Division includes washing machines, clothes dryers, dishwashers, microwave ovens, air conditioners, chimneys, refrigerators, modular kitchens, built-in ovens and built-in hobs. The Bangalore unit, apart from Fine Blanked components, manufactures motors for White goods, as well as automotive applications. The Company has a service network of approximately 650 franchises.