India
Reviving U.S.-India Cooperation on Climate Change During Sec
June 19, 2013 Secretary of State John Kerry heads to New Delhi next week. The visit is a key opportunity for Secretary Kerry to reinvigorate U.S.-India cooperation on climate change and to continue to make progress under the Green Partnership, the landmark clean energy and climate change agreement forged by President Obama and Prime Minister Singh in 2009. Since the Green Partnership was si...
Carrier Midea in growth mode
Calcutta, June 16: Carrier Midea India -- a 60:40 joint venture of Chinese consumer appliance maker Midea and US air conditioner maker Carrier -- is betting on a diversified product base to generate a...
Rupee impact: ACs, refrigerators to get more expensive
17 Jun, 2013 Guwahati: Unable to absorb the impact of a decline rupee any more, electronic goods companies have announced a hike in the prices of their products. While LG Electronics and Blue Star have already increased prices, Tata group company Voltas has said that it’s keeping its options open. LG Electronics India today said it will hike prices of its entire range of home appliances by up to...
LG hikes prices of home appliances by up to 5% on rupee fall
17 Jun, 2013 GUWAHATI: Consumer durables major LG Electronics India today said it will hike prices of its entire range of home appliances by up to five per cent due to weakening rupee with effect from...
AC makers mull price hike to offset rupee slide impact
June 16, 2013 New Delhi: The sweltering summer could just get worse for consumers, with air conditioner manufacturers mulling price hike to offset impact of sharp depreciation of rupee in the last one...
CG unveils new air conditioner models
Kathmandu, JUN 15 -CG, a subsidiary of the Chaudhary Group , has introduced its new range of CG air conditioners. The company has rolled out four models of air conditioners, the CG- 09THCA, CG-12THCA, CG-18THCA and CG-24THCA. CG said in a statement that the new range of air conditioners come with a built-in voltage stabilizer that works even on low voltage. “The benefits are very clear; it ...
The air-conditioning market in India
12/06/2013 A recent study published by Frost and Sullivan gives an overview of the air-conditioner (AC) market in India. Concerning the residential AC market, foreign manufacturers are establishing infrastructures in India in order to capture the growing consumer durable/white goods market, propelled by growth factors such as higher disposable incomes, the propensity of the young work...
Demand for ACs, generators and coolers soar in Delhi-NCR: Su
(12-JUN-13) The sudden rise in temperature will further boost demand for air conditioner (ACs), inverters, generators and coolers ranging between 40%, 35%, 30% and 25% respectively in Delhi and National Capital Region this summer, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM). The survey team interviewed 150 shopkeepers each in Delhi, Ghaziabad, Noida, Gurgaon,...
Scorching summer spreads cheer for AC makers
NEW DELHI, JUNE 6 While the people are sweating it out in the sizzling summer, air-conditioner makers are a happy lot. For, after facing two tough years, air-conditioner (AC) sales have witnessed an u...
Air conditioner sales soar up to 30 per cent
4 Jun, 2013 NEW DELHI: The sizzling summer may have made consumers bear the brunt of heat but air conditioner makers are laughing all the way to the bank with sales soaring by up to 30 per cent this s...
