India

2023.02.19

Data Center Stock to Double in the Next 3 Years

India’s data center stock is likely to double to about 20 million ft2(about 1.86 million m2) by 2025 from the current 10.3 million ft2 (about 0.96 million m2), according to Colliers’ latest report ‘Data center: Scaling up in green age’. India currently has about 770 MW data center capacity across the top seven cities. The growth of data centers in India has been led by a...

2023.02.19

India Needs to Invest US$ 12.1 Trillion by 2050 for Decarbon

Climate change is a major concern. Despite emitting only 1.8 tons of CO2e per capita, India is the world’s third largest emitter, accounting for 2.9 gigatons of CO2 equivalent (GtCO2e) or 4.9% of the annual global emissions. Nonetheless, India must take immediate action to lay the groundwork for a low-carbon economy. According to McKinsey & Company, decarbonizing India in an accelerated ...

2023.02.19

Refcold India Returns in Off-line Mode

The refrigeration and cold chain industry is taking large strides in India, witnessing growth at a fast rate. There is a policy shift from an increase in agricultural production towards better storage...

2023.02.19

Samsung Announces 2023 Line-up of WindFree™ ACs; Embrace the

17-02-2023   The new range includes Wi-Fi enabled models with AI Auto Cooling that saves up to 77% energy, Welcome Cooling, Motion Detection Sensor, Voice Control and more   Some models ...

2023.02.13

India May Witness Demand for New AC Every 15 Seconds

As India battles severe heat waves every year due to climate change, a sustainable cooling strategy can not only help the country create jobs and reduce emissions but also open an investment opportunity of US$ 1.6 trillion by 2040, says a new report by the World Bank. The report, titled ‘Climate investment opportunities in India’s cooling sector,’ is authored by Abhas Jha, practi...

2023.01.30

Mitsubishi Electric to Build an Indian Plant for RACs and AC

On January 12, 2023, Mitsubishi Electric announced that it will invest some ¥26.7 billion (about US$ 222.5 million), in its subsidiary company Mitsubishi Electric India to establish a factory for ...

2023.01.30

2.4 INDIA

Reported by Rakesh Kumar, managing editor, ISHRAE Journal Economic Scenario During FY 2021–2022, the Indian economy is estimated to have clocked gross domestic product (GDP) growth of about ...

2023.01.27

INDEE+ Seminar at REFCOLD 2022

2023/01/26 The first INDEE+ seminar gathering all the project partners and key Indian stakeholders took place at REFCOLD 2022 in Ahmedabad (Gandhinagar, Gujarat, India).   The 4th edition of S...

2023.01.24

‘Samsung Innovation Campus’ Program Commences AI, IoT, Big D

23-01-2023 Students to be trained at centers situated in New Delhi, Uttar Pradesh, Chhattisgarh, Telangana, Andhra Pradesh, Odisha and Karnataka   Youth to undergo classroom training and compl...

2023.01.21

Johnson Controls-Hitachi Air Conditioning Launches air365 Ma

Jan. 19, 2023 Commercial Air Conditioning & Refrigeration India and Asia *Image for illustration purposes only. Appearance of the actual product is different by region.   Tokyo, Japa...