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LG Plans to Make India Export Hub
Korean giant LG is looking at making India its export hub, banking on good ties between the two countries at a time when its overseas shipments from China are declining. According to LG Electronics India Managing Director Ki-Wan Kim, one of the main reasons for this is the prevailing tension between.../images/up/News/20175261224877490.jpg
Bry-Air Launches BrySmart Dehumidifier with Patented Technology
Bry-Air, a worldwide leader in dehumidification with over 50 years of experience, has filed 107 international patent applications for 12 new technologies till now, of which 22 have been granted. It has launched a new series of dehumidifiers, the BrySmart dehumidifier BBS series, with two patented te.../images/up/News/20175261203458763.jpg
Panasonic Lays Foundation for New Factory
Panasonic India performed the foundation stone laying ceremony of its new refrigerator manufacturing unit at Panasonic Technopark, Jhajjar in the north Indian state of Haryana in March 2017. Manohar Lal Khattar, Haryana chief minister, Om Prakash Dhankar, Haryana agriculture minister, Devender Singh.../images/up/News/20175261165685015.jpg
Kirloskar Chillers Exports Largest Indian Chillers
The largest chillers ever built in India were shipped out of the plant of Kirloskar Chillers near Pune in west India in March 2017. These chillers, using centrifugal compressors, are of 1,200 RT capacity, weighing almost 24,000 kg each and are specially designed and customized for the International .../images/up/News/20175261133537266.jpg
Daikin India R&D Centre Develops India-centric Products
The new RD center of Daikin Air-conditioning India Pvt. Ltd. (DAIPL), located in the sprawling campus of Daikin’s manufacturing facility at Neemrana in Rajasthan, has recently acquired the status of a Government of India-recognised RD center. The RD center houses state-of-the art equipment for de.../images/up/News/2017526111352593.jpg
Early Summer Brings Hopes of 15-18% Growth in AC Market
The early arrival of summer this year, especially in the north and east, has fueled air conditioner manufacturers’ hopes for a 15-18% growth in sales, according to estimates by Consumer Electronics and Appliances Manufacturers Association (CEAMA). The industry is expected to grow at a compound annua.../images/up/News/201752523241179113.jpg
Heat Exchangers Market Expected to Reach $20.12 Billion by 2022
16 MAY 2017 PUNE, India - The global heat exchangers market was valued $12.61 billion in 2015 and is projected to reach $20.12 billion by 2022, growing at a compound annual growth rate (CAGR) of 6.9 percent from 2016 to 2022, according to Heat Exchangers Market Report published by Allied Market Res...
HVAC Services Market Growing at a CAGR of 6.62%
7May 10, 2017 PUNE, India - The HVAC services market is forecast to grow at a compound annual growth rate (CAGR) of 6.62 percent, according to the new report by ReportsnReports.com, Global HVAC Services Market 2017-2021. The global HVAC services market analyst says the latest trend gaining momen.../images/up/News/201751518571160400.jpg
Blue Star reports 22% sales increase
10 MAY 2017 INDIA: Blue Star, India’s largest air conditioning manufacturer, has reported a 22% sales increase for the year ended March 31. Sales of Rs4424.72 crores ($685m) created an operating profit of Rs256.99 crores ($40m), an increase of 20% on the previous year. Blue Star operates as a.../images/up/News/201751110423141542.jpg
India: Coldman Logistics opens new warehouse
May 2, 2017 Bangalore, India: Coldman Logistics has opened a coldstore at Budigere Cross, Old Madras Road in Bangalore The 6,000 pallet capacity site has a dedicated pharma zone for chill and a dedicated chamber for Ice-cream storage. The cold rooms to provide six temperature zones and a blas...
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