India
Haier India refrigerator leading in growth rate
Cooling Overseas 2024-06-06 As of May, Haier refrigerators have achieved a 20% year-on-year revenue growth in India, leading the industry in growth rate. The breakthrough stems from launc...
[Customers at Heart] Improving Customer Experience With Enha
June 4, 2024 In the third episode of the ‘Customers at Heart’ series, we take a look at how LG India created a customized care solution to innovate the customer experience. LG In...
Sweltering Summer May Lead to Double-digit Growth in AC Sale
The sweltering heat this summer in most parts of India has boosted sales of cooling appliances in India. Shares of air conditioner companies surged up to 15% in the first week of April and analysts fo...
Dairy Sector in Uttar Pradesh Set to See Investments of US$
Uttar Pradesh State in India is all set to bring a white revolution with investments exceeding INR 90 billion (about US$ 1.1 billion) pouring into the dairy sector. This surge in investment is poised to create extensive employment opportunities. As one of those investments, Indian Prime Minister Narendra Modi recently launched the Banas Kashi Sankul dairy complex in Varanasi, which is expected ...
Mother Dairy to Set up 2 Dairy, Fruits & Vegetables Processi
Mother Dairy, one of the largest milk co-operatives in India, will invest INR 6.5 billion (about US$ 78 million) to set up two new plants for processing of milk as well as fruit and vegetables to expand its business amid rising consumer demand. Mother Dairy will also invest another INR 1 billion (about US$ 12 million) to expand capacities of its existing plants. “In our endeavor to expand...
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...
