India
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...
Building Thermal Insulation Market worth $28.39 Billion by 2
August 25, 2016 PUNE, India - The global building thermal insulation market was valued at $22.73 billion in 2015 and is projected to reach $28.39 billion by 2021, increasing at a compound annual growth rate (CAGR) of 3.5 percent between 2016 and 2021, according to a report published by MarketsandMarkets. The regulatory environment, greenhouse gas emissions reductions, and the energy efficie...
India gets tough on air conditioner ratings
24 August 2016 INDIA: The Bureau of Energy Efficiency (BEE) has introduced tougher energy efficiency ratings for air conditioners which takes account of the country’s higher temperatures. The n...
Haier India to Expand Production Capacity Four-fold
On June 22, Haier announced that it intends to invest INR 4.9 billion (US$ 73 million) in the industrial park expansion project in Pune, Maharashtra, which is expected to be put into overall productio...
Commercial A/C Market Growth Forecast at 8.98% CAGR to 2020
Emergence of smart technology will be a key trend for market growth 24 August 2016 PUNE, India - The global commercial air conditioning market is forecast to grow at a compound annual growth rate (CAGR) of 8.98 percent during the period of 2016 to 2020, according to a research report from ReportsnReports. The study said the emergence of smart technology will be a key trend for market growth...
Air conditioning demand set to grow rapidly over the coming
But hundreds of millions of new households across the developing world represent enormous potential for energy savings 24 August 2016 It’s been a hot summer in the Northern hemisphere, with pea...
AC Market Special--India
Reported by Rakesh Kumar, Technical Editor, ISHRAE Journal Economic Situation The Indian economy continues to do reasonably well as compared to other major world economies this year. Gross domestic pr...
