Luvata Board approves expansion in India to meet rapid growt

CEO confirms major step forwards in global strategy (Luvata:  London, UK. 21 June 2011).  Luvata, a world leader in metal solutions manufacturing and related engineering services, confirms it has received Board approval for an expansion into India through its Heat Transfer Solutions division. The group anticipates a first large production facility aimed at the domestic market. Luvata is ...


Panasonic Establishes R&D Center in India

On May 18, Panasonic announced that it had established Panasonic Research and Development Center India (PRDCI) in Gurgaon in the northern state of Haryana. As Panasonic’s first R&D base in India, PRDCI will contribute to the company’s business expansion in the growing market with R&D tailored to local needs. Panasonic has been making a company-wide effort to cultivate its business in Indi...


YORK YVAA Chillers Launched in India – Promise 50% reduction

Johnson Controls on Thursday 16th June 2011, Launched the next generation of energy efficient chillers in New Delhi. Dubbed the YORK YVAA the chiller has been designed with new technologies from the b...


Hitachi Announces the Opening of Investment Discussions With

Tokyo, June 15, 2011 – Hitachi, Ltd. (President: Hiroaki Nakanishi, NYSE: HIT / TSE: 6501, "Hitachi") and Hi-Rel Electronics Pvt. Ltd. (Managing Director: Piyush Shah, "Hi-Rel") today announced that they have agreed to open discussions regarding a business alliance, including Hitachi’s investment on Hi-Rel and creation of a new manufacturing facility. The aim of this move is to bolster both compan...


Durables cos bet on TV, home appliances to offset low AC sal

5 Jun, 2011 NEW DELHI: Consumer durables firms are betting on television and other appliances to boost sales after a slow offtake of air conditioners and refrigerators due to late onset of summer season this year.  "This year, sales of air-conditioners and refrigerators have been hit badly because of the late onset of summer. This does have an impact on the overall growth of the consumer dur...


Hydrocarbons for supermarkets and at high ambients

2011-05-27 - hydrocarbons21.com Series of Franscold R290 compressors for Waitrose chiller Alternative Refrigerants for High Ambient Temperature Conditions, N. Cox, Earthcare Products   Moving awa...


Blue Star Q4 net profit down at Rs 56.85 crore

NEW DELHI: Airconditioner maker Blue Star today reported a 27 per cent decline in its net profit at Rs 56.85 crore for the fourth quarter ended March 31, 2011, as against the same period last fiscal. Besides, the company’s board of directors has recommended a dividend of Rs 7 per share of Rs 2 each. The company said the decline in its profit is due to higher interest and tax expenses during the qu...


Market of VRF Growing Rapidly

With the market for VRF systems growing at 25% for the past two years in a row and presently at 200,000 hp, more and more Indian HVAC companies are offering both the digital scroll technology and the inverter technology, as the customer preference seems to be equally divided between the two types.Instead of sticking to only one type of system and risk losing half the potential business, companies ...


FIFA World Cup Stadium Installs Thermax Chiller

The cooling division of Thermax, India’s top-class manufacturer of absorption chillers, recently commissioned a high temperature hot water absorption chiller driven by solar heat for the Doha, Qatar s...


India-made Chillers Obtain AHRI Certification

Chiller manufacturers in India are slowly falling in line with internationally accepted test standards to satisfy the demand from HVAC consultants and large end users, who insist on witnessing capacit...