India
Panasonic to Fund Indian Start-ups under the Ignition Progra
Indian start-ups, Enlite and Clairco, have emerged as the winner of Panasonic’s Ignition program. Enlite focuses on artificial intelligence (AI)-enabled wireless building management system and C...
LG India Launches 77 New AC Models
LG Electronics India said it has recorded order-based sales of one million units of air conditioners in the first 100 days of 2024 to retail partners, indicating strong demand momentum for cooling pro...
Voltas AC Records 35% YoY Growth in FY 2023– 2024
Voltas said it recorded 35% year-on-year sales growth in India, reaching over two million units in FY 2023– 2024 ending March 2024. With this, it became the first company in the domestic market to cross the two million mark, with a performance helped by consistent demand for cooling products during the year and a strong offline and online distribution network, the Tata Group company said. ...
Blue Star Aims to Sell 1. 3 million RACs in FY 2024–2025
According to B. Thiagarajan, MD of Blue Star, the company wants to sell 1.3 million RACs in FY 2024–2025 in order to gain a 15% market share of the RAC industry in India. “We sold 800,000 RACs in the previous year and because of the severe heat, we plan to sell 1 million this year. We intend to sell 1.3 million units next year,” he said. Blue Star is targeting the sale of 100,...
Ortus HVAC Inaugurates Hisense HVAC Showroom
Ortus HVAC, the exclusive channel partner of Hisense HVAC in the Hyderabad region in India, announced on April 22 the grand opening of its exclusive showroom showcasing products from Hisense HVAC. Lea...
CEAMA Reports CAC Market Growth
The Indian commercial air conditioner (CAC) market holds significant promise and is witnessing growth, driven by rapid urbanization, infrastructural development, and growing emphasis on comfort in commercial spaces, said Sunil Vachani, president of Consumer Electronics and Appliances Manufacturers Association (CEAMA). The CAC segment is witnessing a shift with its wide array of applications wit...
Carrier Named a Top Project Winner in 2024 Environment + Ene
BENGALURU, India, May 28, 2024 – Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions announced it has earned a 2024 Top Project of the Year Award i...
2.4 INDIA
Reported by Rakesh Kumar, consulting editor, ISHRAE Journal Economic Scenario India’s economy continued its growth trajectory in fiscal year (FY) 2023-2024, overtaking the 7% expansion in th...
In-store Asia 2024: the leading trade fair for retail on the
May 24, 2024 In-store Asia, the most important trade fair for retail resources and investments in store design, visual merchandising and in-store marketing on the Indian subcontinent will again...
Primetals technologies receives FAC for the world’s most com
London, May 22, 2024 · Circular Pelletizing Technology (CPT) revolutionizes pelletizing – has established new standard in cost-efficiency · First refe...
