Mr. Harish Kumar, who promoted Maharaja International Ltd. Bought in the Electrolux brand by forming a joint venture and then became the vice-chairman of Electrolux Kelvinator Ltd latter took a majority stake in Maharaja, He resigned from the Electrolux kelvinator board when the company pulled out of India in 2004. Mr. Kumar then set up Empire Home Appliances Pvt. Ltd and bought the brand GEM from Gem India Ltd and also put up a new manufacturing facility in Himachal Pradesh at an investment of Rs100 Crores.

He also took a 50 percent stake in Beltek, a Consumer electronics brand known for its televisions.