India

2023.12.29

India to Be World’s Third-largest Economy by 2030, Says S&P

India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes, S&P...

2023.12.28

RACs in India to Need More Electricity than The Whole of Afr

The International Energy Agency (IEA) has said that the country’s demand for electrical appliances tripled since 2010. India’s total electricity demand from room air conditioners (RACs) in 2050 is most likely to exceed the total amount of electricity consumed across Africa now, said the IEA. The World Energy Outlook 2023 report has said that India will see the largest energy demand ...

2023.12.28

Voltas Revives Plans for AC Compressors

Voltas has revived its plans to manufacture air conditioner compressors in India by forging a partnership with a firm from either Japan or South Korea. The home appliance manufacturer has lined up ...

2023.12.28

Indian Government Revises PLI Scheme for ACs, LED Lights

The Indian government has revised its guidelines for the INR 62.38 billion (about US$ 749 million) Production Linked Incentive (PLI) scheme for white goods, to enhance the ease of doing business in the sector. The PLI in this segment is for domestic manufacturing of air conditioners and light-emitting diode (LED) lights, and companies including Daikin, Panasonic, and Havells are among the benefici...

2023.12.28

Havells to Venture into Contract Manufacturing for Overseas

Havells India will venture into electronic manufacturing services or contract manufacturing space for appliances such as air conditioners, to meet the increased demand of global brands to establish a ...

2023.12.26

Panasonic Life Solutions India: Strong Legacy of Environment

Dec 25, 2023   According to the World Health Organization (WHO), seven million people die prematurely every year from exposure to air pollutants such as particulate matter (PM), carbon monoxide...

2023.12.25

Daikin Holds an Opening Ceremony for Its Third Indian AC Fac

At the end of November 2023, Daikin Airconditioning India held an opening ceremony for its new production base for room air conditioners (RACs) and compressors in Sri City, Andhra Pradesh, southern In...

2023.12.25

Refcold India 2023 Photo Report — Part II

By Rakesh Kumar, consulting editor, ISHRAE Journal Refcold India 2023 was organized at Chennai Trade Center, Chennai from October 12 to 14. This photo report Part II follows Part I published in the...

2023.12.21

IEA holds training week to boost energy efficiency policy ac

18 December 2023   The International Energy Agency (IEA) held its India Energy Efficiency Policy in Emerging Economies Training Week in New Delhi from 11-15 December. Hosted in partnership with the India Bureau of Energy Efficiency (BEE), and with support from the Alliance for an Energy Efficient Economy (AEEE), it was the first to take place in India since 2018.   The training week ...

2023.12.12

Samsung Unveils ‘New BigInnings’ Programme to Elevate Weddin

11-12-2023 New BigInnings programme offers curated wedding packages of Samsung’s premium products on easy EMI starting as low as INR 6999 per month   Consumers availing New BigInnings pr...

2023.12.09

ebm‑papst invests in Singapore and India as future Asia head

Company | 06/12/2023   ebm‑papst, a leading manufacturer of fans and motors headquartered in Mulfingen, Germany, is investing approximately one million EUR in the expansion and conversion of it...

 
 
 
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