India
AC demand will dip by 25%: ASSOCHAM
New Delhi, Apr 18 (IBNS) Due to new energy efficient norms and hike in excise duty, the Air Conditioner (AC) industry will witness a drop of 25% of sales this season as air-conditioner makers have already increased their prices by 20-25% to pass on the burden to end consumers, apex industry body ASSOCHAM said on Wednesday. The prices are increased by most of manufacturers because of high en...
Hitachi to roll out VRF air conditioners
Apr 17, 2012 Hitachi Home & Life Solutions (India) Ltd, a subsidiary of Japanese appliance major Hitachi Appliance Inc, is all set to roll out ‘Set Free’, its VRF (variable refrigerant flow) range...
Ingersoll Rand Hosts Groundbreaking for Chennai Manufacturin
Facility reaffirms Ingersoll Rand’s commitment to India and the state of Tamil Nadu; provides local employment to more than 500 people Chennai, Tamil Nadu, April 12, 2012 - Ingersoll Rand ...
Coolex 2012: Firms focus on green energy
Apr 07 2012 Green energy and power saving is the mantra of leading companies showcasing new products and technologies at Coolex 2012, Confederation of Indian Industry’s (CII) four-day exhibition on air conditioning and refrigeration which opened at Himachal Bhawan today. Almost all the mega electronics goods firms which have displayed their products at the expo proudly displayed certificati...
Indian manufacturer launches R290 AC production line
05 April 2012 A new production line of split and window-type R290 air-conditioners (ACs) has been inaugurated in India by Godrej & Boyce Mfg. Co. Ltd. With the highest energy efficiency in their c...
Sales of fridge and AC set to go down
Consumer electronic product makers are set to feel the heat this summer as frequent price hikes followed by the hike in excise duty are hitting the demand for these products. Most companies are expecting a fall in sales. Most leading consumer durable companies have already hiked prices of their products by almost 15 per cent since January. Other home appliance makers, including Samsung, Pan...
Johnson Controls and Pricol establish joint venture for Indi
Pune, India (March 27, 2012) - Johnson Controls, a global leader in automotive seating, overhead systems, door and instrument panels, and interior electronics, has formed a joint venture with Pricol L...
Panasonic India to Double its Revenue in 2012
Panasonic India has put its act together and beaten the slump in the durables market by registering a growth of 70% in 2011 despite the industry suffering its worst year with growth halving to 6%. The...
Whirlpool India Spends $19 Million To Design Appliances for
Mar 27, 2012 Whirlpool of India will invest RS 100 crore (approx. US$19.5 million) to design appliances specifically for Indian consumers, according to a report in The Hindu. Author Sandeep Joshi wrote that Whirlpool India plans to launch new microwaves, refrigerators, and air-conditioners, with the goal of becoming the top appliance maker in the country by 2015. These come in addition to 1...
Increasing the share of gas in its energy mix will benefit I
23 March 2012 Mobilising investment will be crucial ? IEA Executive Director Gas can provide India with a relatively reliable energy resource, IEA Executive Director Maria van der Hoeven has said. Speaking in New Delhi on 23 March at the 7th Asia Gas Partnership Summit, she noted that although coal will be central to Indian power generation for the foreseeable future, domestic produc...
Increasing Consumption of Ice Cream Boosts Sales of Deep Fre
With higher purchasing power, food habits of people living in smaller towns of India, commonly referred to as tier 4 and 5 levels, are witnessing a higher consumption of ice cream, leading to a growth...
Bangalore: Beating the heat with cooling devices
Mar 21, 2012 With summer hitting hard, Bangaloreans are finding it increasingly difficult to cope up with the sudden change in the climatic conditions. However, this has brought cheer and good news for the dealers and manufactures in air coolers, air conditioners and ceiling fans as they confirm that sales had gone up drastically during this period. When City Express interacted with a few d...
