The foundation of Industrial Refrigeration (IR) was led in 1958 when Mr.Ramprasad Ruia at the the age of 26, pioneered Car Air Conditioning in India. Mr. Ruia decided to call his company Gorakhram Haribux, after his ancestors, Gorakhram & Haribux. Car Air conditioning was followed by Room Air Conditioning& Central Air Condition. Over the Years, IR's portfolio grew by the addition of several refrigeration products, such as Refrigerant gases, Solenoid Valves, Expansion Valves, Thermostats, Controls, Refrigeration Quality Copper Tubes,etc.
In 1974, IR established a factory of 10,000 sq. ft. at Marol, Andheri, Mumbai for assembling Car Air conditioners, Room Air Conditioners, Cooling Coils, Copper fittings and Tube Kits for the Air Conditioning and Refrigeration industry.