Merloni TermoSanitari (India) Ltd., an ISO 9001:2000 company, is a fully owned subsidiary of Merloni TermoSanitari Spa – Italy, the world leaders in the manufacturing and marketing of water and space heating products and their components. MTS Group with a turnover of over € 1 billion euros, employs 7100 people worldwide and manufactures 5.6 million products annually. With 19 brands and 20 manufacturing units worldwide it has a global presence in over 150 countries. The MTS Group operates through 6 product lines namely; boilers - water heaters - air conditioners - burners – services - electric and electronic components.

The Indian operations include India’s largest and fully integrated water heater plant in Chakan near Pune, that has been operational since 1999. Products from this plant offer the consumers the latest in technology and international standards specially suited for Indian conditions.

In pursuance of the Group’s commitment to the Indian market of introducing world-class products, the company has introduced a range of Instant and Storage Electrical Water Heaters, Instant Gas Water Heaters and Solar Water Heaters. Products from this plant are being exported to Europe, South East Asia, Middle East and Africa. Today, with Racold as its flagship brand, MTS India is the largest manufacturer and seller of water heaters in India.