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Voltas Joins with Arcelik for US $ 100 Million Consumer Durables Venture
Voltas, Tata Group company, has reached an agreement with Turkey’s Ardutch, a subsidiary of Arcelik that forms a part of the Koc Group, to set up an equal partnership joint venture (JV) company in India with equity capital of US$ 100 million. This marks the entry of Voltas into the consumer durables...
Government Clears US$ 930 Million Scheme for Food Processing Sector
The central government has approved a new INR 60 billion (US$ 930 million) Scheme for Agro-Marine Processing and Development of Agro -Processing Clusters (SAMPADA) for 2016-2020 with the aim of boosting both marine and agriculture produce processing. This decision was made on May 3, 2017 at a meetin...
India Ushers in GST
At the stroke of midnight on June 30, 2017, India entered a new era of one nation - one tax - one market. In the most important tax reform since India attained independence 70 years ago, all the states embraced the goods and services tax (GST), which subsumes a large number of central, state, and lo...
Heat Wave Boosts AC Sales
With the onset of monsoon season, the summer of 2017 has drawn to an end in most parts of the Indian sub-continent. It was a severe summer, with temperatures well above nor-mal, especially in the northern parts of the subcontinent, which temporarily became the hottest region in the world due to the .../images/up/News/20177240293570824.jpg
Heat Exchanger Market Worth $20.65B by 2022
July 20, 2017 PUNE, India - The heat exchanger market is estimated to grow from $13.89 billion in 2017 to $20.65 billion by 2022, at a compound annual growth rate (CAGR) of 8.3 percent for the forecast period, according to a report by MarketsandMarkets(TM). The report is titiel, "Heat Exchangers Ma.../images/up/News/20177239341415645.jpg
Sahibabad Green Team Conserves Water, Harvests Rain to Benefit Environment, Community
July 20, 2017 Our manufacturing facility in Sahibabad, India, is in the heart of India’s water crisis. The country’s water shortage - caused by drought, urbanization, a dramatically increasing population and more - leaves 77 million people in India without access to safe drinking water and overstres.../images/up/News/201772123453114351.jpg
GEA builds a new turnkey dairy plant in South India for HAP
Dusseldorf (Germany), July 18, 2017 - GEA in India has been contracted by Hatsun Agro Product Limited (HAP) to install an automated dairy plant on turnkey basis at Dharapuram near Coimbatore, Tamilnadu. This greenfield dairy project is designed to handle 650,000 liters of milk per day, to produce 30.../images/up/News/201771910515192266.jpg
GEA to build Asia’s largest milk production facility in India
Dusseldorf (Germany), July 13, 2017 - During the first quarter of 2017, GEA in India received an order from the AmulFed Dairy (formerly Mother Dairy) in Gandhinagar, a unit of Gujarat Co-operative Milk Marketing Federation (GCMMF). The order, said to be for a ‘lower double-digit, million-euro amount.../images/up/News/20177142253981920.jpg
HVAC Equipment Market to Grow
July 6, 2017 PUNE, India - According to the 2017 HVAC equipment market report, the global HVAC equipment market to grow at a compound annual growth rate (CAGR) of 4.9 percent during the period 2017-2021. The latest trend gaining momentum in the HVAC equipment market is rise in incorporation of b...
Clean cold offers India’s farmers sustainable economic growth
June 28, 2017 Birmingham, UK: ‘Clean Cold’ chains are essential to the progress of India’s farming industry, says to a new report issued today. Scientists from the University of Birmingham argue that the introduction of clean cold to India’s food supply chain will develop infrastructure that wil.../images/up/News/2017630922565218.jpg
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