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ZigBee Home Automation Market to Grow at 26% CAGR to 2020
September 26, 2016 PUNE, India - The global ZigBee home automation market is forecast to increase at a compound annual growth rate (CAGR) of 26 percent from 2016 to 2020, according to a report from Sandler Research. The report says the growing number of smart homes will be a key trend for growth...
3.2 India
Reported by Rakesh Kumar, Technical Editor, ISHRAE Journal The Economic Scene World Bank data peg India’s gross domestic product (GDP) growth in 2015 at 7.3% ? higher than any major world economy except China. The growth forecast for 2016 is 7.8%, which would be the highest among all major eco.../images/up/News/2016926018671586.jpg
Danfoss Creates Energy Efficiency Awareness
Danfoss India has embarked upon multicity road shows to create awareness about new innovations in energy efficient technologies among industries. The road shows are in the form of an exhibition of energy efficient drives in a bus, which will cover 11,000 km. It has already covered Delhi and the stat.../images/up/News/201692312154348215.jpg
Elanpro Launches Ice Machines and Combi Freezer
Elanpro, an Indian commercial refrigeration company, has launched EIM series of ice making machines in India, with eight ice cube models ranging from 30 to 1,000 kg, and three models of ice flakers. The ice machines have microcomputer control and a voice function to broadcast faults. With their smal.../images/up/News/201692312132371650.jpg
Carrier Wins Innovative Cold Chain Technology Award
The prestigious Innovative Cold Chain Technology Award of the Year for 2016 was conferred upon Carrier for providing innovative refrigeration solutions to customers in India. The award was received by Vikas Upadhyay, assistant director of Marketing and Strategy, and Lalit Agarwal, national manager o.../images/up/News/201692312112319417.jpg
Over US$ 1 Billion Foreign Investment Expected in Food Processing
Foreign direct investment (FDI) in the food processing sector will cross US $ 1 billion in the next two years as a result of reforms in FDI and streamlining of the Food Safety and Standards Authority of India (FSSAI) regulations. This was stated by Harsimrat Kaur Badal, union minister for Food Proce...
Subsidy for Solar Powered Cold Storages
The Ministry of New and Renewable Energy (MNRE) has extended its subsidy scheme to solar refrigeration units. The announcement was made on August 19, 2016. Solar- powered cold storages are still at an experimental stage in India. There are only ten such cold storages in the country, the first hav.../images/up/News/20169231235175144.jpg
GST Bill Passed by Parliament
India has taken a leap towards the implementation of Goods and Services Tax (GST). Overcoming political differences that have been stalling GST for almost 10 years, the Parliament passed a Constitution Amendment bill on August 8, 2016 to enable implementation of GST. It is perhaps the most significa...
Call for majors to reduce HFCs in India
September 19, 2016 USA: Environmental group the EIA has called on major global fast food chains to reducing their refrigeration footprint in India. The report, Transitioning HFCs in India, The Opportunity for Climate Friendly Cooling in the Fast Food Industry, studies some of the fastest growing.../images/up/News/201692117262727690.jpg
Marken expands in India
September 14, 2016 Mumbai, India: Marken has moved to a larger office in Mumbai and has signed an exclusive agreement with Jeena Company for a combined worldwide services for the pharma industry. Jeena will act as Marken’s third party sales agent in India to enable new clients to access Marken’...
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