Samsung Expects 35% Growth in India AC Sales

Feb 4, 2011 Samsung Electronics will launch 18 new split-system and window air-conditioners in India under the Invincia and Purista model names. The Invincia series includes a smart inverter technology designed to save up to 60% energy during use. The Purista Plus Series is engineered with a capability called Virus Doctor, using SPI (S-Plasma ion) technology, designed to eliminate up to 99% of bac...


Hitachi eyes 10 pc market share in AC segment in 2011in 2011

KOLKATA: Air-conditioner maker Hitachi Home and Life Solutions (India) Ltd (HHLI) is eyeing 10 percent market share in volume in the country this year, a top company executive said here Wednesday.  "We are aiming to capture 10 percent market share in air-conditioner segment in India in volume terms this year. That will translate into 12 percent market share in value terms," HHLI managing dir...


Hitachi mulls expanding air-conditioner production capacity

NEW DELHI: Air-conditioner maker Hitachi on Sunday said it is considering to expand its production capacity in India by next year and a decision to this effect could be taken during its board meeting in July 2011. "The way air-conditioner (AC) market is growing, we may go for an expansion of production during next year. However, the board is yet to take the decision on capacity addition," Hitachi ...

PR 2018.07.21

i-NX-Q: the new Climaveneta multi-purpose heat pump with inverter technology

Mitsubishi Electric Hydronics & IT Cooling Systems presents i-NX-Q. Climaveneta’s air source multi-purpose unit with scroll inverter compressors and cooling capacity from 43 to 151 kW. The logic of

India to beat US to become No.1 in ACs: LG

Fri Jan 28 2011   Korean consumer durables major LG said it will invest Rs 800 crore in 2011 to add capacity and for other purposes in India, which it expects will become its largest air-conditioner market in the world by next year ahead of the current leader US.   The company is also aiming to more than double its annual revenue to cross a figure of Rs 40,000 crore in India from all ve...


Hitachi hikes prices; to hire 1,000 people this year

Palace on Wheels India:NEW DELHI: Air-conditioner maker Hitachi on Monday said it has started hiking the prices of its entire range of products by up to four per cent in order to minimise the impact of increasing raw material costs. The Indian subsidiary of the Japanese home appliances major will hire about 1,000 people this year as it aims 10 per cent of the domestic air-conditioner (AC) market. ...


Samsung India posts $3.5 bn turnover in 2010, sets growth ta

HYDERABAD: The Indian arm of Korean consumer durable major Samsung posted a turnover of $3.5 billion (over Rs 15,935 crore) during 2010 and has set a growth target of 40 percent this year, a senior co...


Green construction gaining traction in India

Bangalore: The overgrowth of reeds at Good Earth Orchard, a colony of 60 homes in Bangalore, is actually part of a labyrinthine water-treatment system. Gallons of used water from the colony enter it every day to be pumped out for reuse a week later, good enough at least to water the bushes.The system recovers about 80% of wastewater without using power or chemicals. A chamber skims off lightweight...


Denso to Establish Technical Center in India

To expand its business in the rapidlygrowing Indian auto market, Denso Corporation will establish a technical center in Gurgaon, India, by the end of 2011. Denso’s investment in the new technical center will total approximately JP¥ 3 billion (approximately US$ 25.5 million). The new technical center will be established as part of Denso Sales India Pvt. Ltd. (DSIN), which will be renamed Denso Int...


Johnson Controls to Supply 15,000 RT Chillers for T2 Mumbai

Johnson Controls has been selected for the supply, installation, testing and commissioning of York chillers for the new integrated Terminal 2 building at the Chhatrapati Shivaji International Airport ...


Heavy Rains Dampen RAC Sales

Heavy rains in many parts of the country this year have spoiled sales of room air conditioners, major manufacturers like LG and Voltas complain. Till June, the market was growing 25%, but post June there has been a slump with almost no customers in September. Usually, around 10% of annual air conditioners sales is achieved during the June-July period, while the August-   September period cont...


Blue Star Wins Large Orders for T2 Mumbai International Airp

Chhatrapati Shivaji International Airport (CSIA) in Mumbai is one of India’s busiest airports having recorded passenger traffic of 25.6 million in 2009 and first half of 2010. Currently CSIA has three...


Exhibition & Event

ACRA 2018 helds in Sapporo, Japan

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