India
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. T...
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...
Over US$ 1 Billion Foreign Investment Expected in Food Proce
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 Processing. Highlighting the achievements of the government, Harsimrat Kaur Badal said her ministr...
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 stil...
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 significant tax reform since the country’s Independence in 1947, and will radically change the way business i...
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 ...
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’s global network and tracking systems for shipments. Marken has agreed to utilize Jee...
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 upsurge in demand for smart building technology solutions include an emphasis on energy efficien...
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 ...
Energy-Efficient Building Market to Grow at 9.6% CAGR to 202
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 for market growth. The increase in energy demand from various residential and commercial operatio...
