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India to cease emitting HFC23
October 15, 2016 INDIA: In addition to agreeing an HFC phase down, India has also decreed that its chemical industry must collect and destroy emissions of its most potent greenhouse gas, HFC23. The Indian Environment Ministry calculates that the move could save as much as 444 million tonnes .../images/up/News/2016101718122441232.jpg
LU-VE Completes the Acquisition of Spirotech
OCT. 6, 2016 LU-VE S.p.A. ("LU-VE") states that it has completed the acquisition of Spirotech Heat Exchangers Private Limited ("Spirotech"), leading Indian company in the production and sale of heat exchangers. The closing concluded in conformity with that foreseen in the binding contracts stipulat.../images/up/News/201610817404138257.jpg
Bry-Air invited to chair panel session at FICCI, MSME Summit 2016
September 21, 2016 Mr. Deepak Pahwa, Managing Director, Bry-Air chaired the panel session on ’Innovation Technology Upgradation: An enabler’ at the Micro, Small and Medium Enterprises (MSME) Summit 2016 titled ‘Propelling MSME Growth: Ways Means’ held on 19 September 2016 at Federation of India.../images/up/News/20161051882196177.jpg
Hearth Market Worth $18.43 Billion by 2022
Sep. 30, 2016 PUNE, India - The global hearth market is forecast to grow to $18.43 billion by 2022, increasing at a compound annual growth rate (CAGR) of 2.5 percent between 2016 and 2022, according to a report published by MarketsandMarkets. The market, on the basis of volume, is expected to re...
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...
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