Racold Thermo Ltd (Formerly Merloni TermoSanitari (India) Ltd)., an ISO 9001 company, is a fully owned subsidiary of Ariston Thermo Spa – Italy, the world leaders in Water Heaters with Ariston as their flagship brand. ATS, which is part of the Є 5 billion Merloni Group employs 6300 people worldwide and manufactures 4.3 million products and 30 million components annually. With 19 brands and 18 manufacturing units worldwide RACOLD has a global presence in 150 countries.
The Indian operations include India’s largest and fully integrated water heater plant in Chakan near Pune, Maharashtra that has been operational since 1999. Today, Racold Thermo Ltd. is the largest manufacturer and seller exporters of water heaters in India, with Racold as its flagship brand.

Racold Thermo Ltd (Formerly Merloni TermoSanitari (India) Ltd)., an ISO 9001 company, is a fully owned subsidiary of Ariston Thermo Spa – Italy, the world leaders in Water Heaters with Ariston as their flagship brand. ATS, which is part of the Є 5 billion Merloni Group employs 6300 people worldwide and manufactures 4.3 million products and 30 million components annually. With 19 brands and 18 manufacturing units worldwide RACOLD has a global presence in 150 countries.
The Indian operations include India’s largest and fully integrated water heater plant in Chakan near Pune, Maharashtra that has been operational since 1999. Today, Racold Thermo Ltd. is the largest manufacturer and seller exporters of water heaters in India, with Racold as its flagship brand.