Microwave oven
Japan's Sharp Corporation began manufacturing microwave ovens in 1961. Between 1964 and 1966, Sharp introduced the first microwave oven with a turntable, a feature that promotes convenient even heating of food. In 1965, Raytheon acquired Amana. In 1967, they introduced the first popular home model, the countertop Radarange, at a price of US$495 ($ in dollars).
Onida Electronics
Onida was started by G.L. Mirchandani and Vijay Mansukhani in 1981 in Mumbai. G.L. Mirchandani is the chairman and managing director of M/s Mirc Electronics Ltd. He was educated in Colonel Brown Cambridge School and Harvard University. In 1982, Onida started assembling television sets at their factory in Andheri, Mumbai. It was established as "Mirc Electronics" in 1981. Since then, Onida has evolved into a multi-product company in the consumer durables and appliances sector. Onida achieved a 100% growth in ACs and microwave ovens and a 40% growth in washing machines last year.