IFB was set up in the year 1974 in Kolkata and tied up with Switzerland based company named Hienrich Schmid AG to produce fine blanks and machine based tools. Fine blanking and subassemblies are the components from IFB Industries, Bangalore, automotive seating, door and motors are the manufactured items of IFB Automotive Pvt. Ltd., Bangalore, Chennai, and New Delhi, IFB Home Appliances, Goa produces washing machines, and micro wave ovens, automotive occupant restraint systems is the main operations of Autoliv IFB India Pvt. Ltd., Bangalore, IFB Automotive R & D Centre, Bangalore and IFB Agro Industries, Kolkata.

The list of some products from these companies such as launched Seat Recliner, Seat Slider, Window Regulator, Blower Motor, Radiator and Condenser Motor, Door and Other Latches, Anti Pinch Regulator, Door Module, and High Strength Recliner and Slider.

IFB Automotive Pvt. Ltd. Came into existence in the year 1989 began their innings with the production of fine blanked automotive components, seating systems, door systems and automotive motors to meet the growing demand of the auto industry. IFB has got the recognition of implementing better technology for safety criteria and for the manufacturing of passionate products in the industry.

With the setting up of R&D division, opened doors for innovation of new products and to put the company on the global business market. The defective parts comes to 100 parts per million and utmost care is given by the management in the production to accomplish zero defect products. One would prefer to buy because of the salient features present in these products.

They were certified with ISO 9000 in 1998, QS 9000 in 2000, TS 16949 in 2003, and 100-PPM award from Hyundai in 2004. Bangalore plant has acquired ISO 14001 certification for the beautiful appearance and for the perfect maintenance undertaken.

The significant point is that the company has Global Testing Facilities to undertake the tests on these products to see whether the quality has been maintained and done as per the specifications given. The different tests conducted are Seat Anchorage Test, Latch Endurance Testing, and Crash Test
 Combined Environmental & Vibration Chamber.