V-Guard Industries Ltd is a major electrical appliances manufacturer in India, and the largest in the state of Kerala with an annual turnover of ₹ 17.50 billion (FY 2014-15). It manufactures voltage stabilizers, wiring cables, electric pumps, electric motors, geysers, solar water heaters, electric fans and UPSs. It was founded in 1977 by Kochouseph Chittilappilly as a small voltage stabilizer manufacturing unit. Kochouseph Chittilappilly also founded other establishments held as subsidiaries such as V Star Creations, an Indian manufacturer of innerwear for men, women, and children, and Wonderla, a chain of amusement parks in South India. V-Guard is one of India’s leading consumer goods company with technologically diversified product offerings. Headquartered in city of Kochi, Kerala, the company now has over 500 distributors, 20,000 retailers, and a growing count of branches across India. It’s listed with the NSE and BSE since 2008. Over the years V-Guard has ventured into domestic, industrial and agricultural electronic goods and appliances category taking the total company revenue to over Rs. 1700 Crore.