India
Daikin India Launches Air Conditioners Using HFC-32
Kanwal J. Java, MD and COO of Daikin India has announced the launch of air conditioning equipment using next generation refrigerant HFC-32 (R32), manufactured at its Neemrana plant in Rajasthan. With ...
India’s Finance Minister Announces AC Tax
An air conditioning tax for restaurants in India has been met with opposition from the country’s service industry. India’s finance minister has announced a 4.91% air conditioning tax on restaurants that do not serve alcohol. The move follows the introduction of the tax recently for eateries that serve alcohol, on top of a 5% service tax that was introduced last year across the board. ...
ACREX 2013 India
Reported by Hiru M. Jhangiani, HVAC&R Advisor The 14th edition of the International Exhibition on Air Conditioning, Refrigeration and Building Services, the largest and the only HVAC&R ...
Samsung India Releases New ACs and Refrigerators
Samsung India, Samsung’s Indian subsidiary, announced that it released new air conditioners in the Smart Inverter series and new refrigerators in the Digital Inverter series at the end of January. &nb...
LG Launches High Efficiency ACs in India
LG Electronics India, LG’s subsidiary in India, has launched air conditioners having higher energy efficiency thanks to the adoption of inverter technology. According to Saurabh Baishakhia, top manage...
Masterflux(R) Sierra Compressor Helps Keep India’s Newest El
Mahindra Reva Electric Vehicles Pvt. Ltd. launched its long-awaited Mahindra e2O this week in New Delhi, India and Tecumseh’s MasterfluxR Sierra compressors were along for the ride. The new hatchback...
Indian HVAC market
19/03/2013 The Indian HVAC market is growing at a fast pace, mainly owing to the huge rise in construction activity in the real estate market. Between 2004 and 2009 it grew at a compound annual growth rate (CAGR) of 20% and in 2009, the market was worth INR 108 billion (almost USD 2 billion). These figures are related to the strong CAGR of 20% over the 2005-2010 period in the real estate se...
Indian cold chain figures
19/03/2013 According to a Netscribes research report, the Indian cold chain market, currently assessed at INR 125bn (USD 2.3 billion), is expected to grow at a compound annual growth rate of 25% and reach INR 381.5bn (almost USD 7 billion) by the end of 2015. This growth is incentivized by increasing demand in the food sector and the processing industry (including farmers trying to counter ...
Indian domestic refrigerator market in 2012
19/03/2013 According to Netscribes, the Indian domestic refrigerator market is currently valued at INR 97.69 billion (USD 1.8 billion) and is expected to grow at a compound annual growth rate (CAGR) of 11%, to reach INR 169 billion (over USD 3 billion) by 2014-2015. It is one of the fastest growing segments in the consumer durable industry. Its significant growth is related to rising per-ca...
Alfa Laval India Driving the Future in Heat Transfer Technol
8th March 2013 Pune, Maharashtra, India (Alfa Laval (India) Limited (Business Wire India)) Refrigeration is widely used in India for various applications and Industries like food, beverages, human co...
