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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’...
Smart Building Market Worth $24.73 Billion by 2021
Sep 12, 2016 PUNE, India - The global smart building market is forecast to grow from $5.73 billion in 2016 to $24.73 billion by 2021, increasing at a compound annual growth rate (CAGR) of 34 percent from 2016 to 2021, according to a report published by MarketsandMarkets. The major drivers for an...
SWEP India hosts another dealer seminar
September 06, 2016 SWEP India was pleased to hold another seminar for our dealer customers to both educate them on our products and the many applications that they are used for, and to also give SWEP a chance to come face to face with their customers. We extended an invitation to this latest ses.../images/up/News/2016981750141177.jpg
Energy-Efficient Building Market to Grow at 9.6% CAGR to 2020
August 29, 2016 PUNE, India - The global energy-efficient building market is projected to grow at a compound annual growth rate (CAGR) of 9.6 percent during the forecast period of 2016 to 2020, according to a report from Sandler Research. The report says rising energy prices will be a key trend ...
Building Thermal Insulation Market worth $28.39 Billion by 2021
August 25, 2016 PUNE, India - The global building thermal insulation market was valued at $22.73 billion in 2015 and is projected to reach $28.39 billion by 2021, increasing at a compound annual growth rate (CAGR) of 3.5 percent between 2016 and 2021, according to a report published by MarketsandMa...
India gets tough on air conditioner ratings
24 August 2016 INDIA: The Bureau of Energy Efficiency (BEE) has introduced tougher energy efficiency ratings for air conditioners which takes account of the country’s higher temperatures. The new star rating methodology called Indian Seasonal Energy Efficiency Ratio (ISEER) will address the diff.../images/up/News/20168261742849880.jpg
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