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India Evaporative Air Cooler Market
July 24, 2017 DUBLIN - Research and Markets has announced the addition of the "India Evaporative Air Cooler Market Outlook 2022" report to their offering. A lot of new players have entered in the air cooler space such as Vego, Hindware, Voltas, Cello, and many more. Cello introduced a new range ...
Emerson Appoints Shirish Adi as India Head
On June 2, 2017 Emerson Climate Technologies (India) announced the appointment of Shirish Adi as vice president and managing director, India, for Emerson’s Commercial and Residential Solutions. He will be re sponsible for the entire business and operations in the country. He takes over from Sridar N.../images/up/News/20177240515857006.jpg
Huayi Appoints Safe Refrigerations as Compressor Partner
Huayi Compressor of Jingdezhen, China, has appointed Safe Refrigerations as its pan-India sales and marketing partner, to launch its full range of refrigeration compressors. These compressors find application in refrigerators, deep freezers, water coolers, bottle coolers, ice machines, and other ref.../images/up/News/20177240494573904.jpg
Global Perishables & Agri-Logistics Expo Concludes
The Global Perishables Agri-Logistics Exhibition and Conclave 2017 was held at the Bombay Convention and Exhibition Centre (BCEC) in Mumbai from April 17 to 19, 2017. It was organized by Infinity Expo in partnership with the Association of Ammonia Refrigeration (AAR). Exhibitors included Carrier In.../images/up/News/20177240461028826.jpg
Patton Is Bitzer India’s New Distributor
On May 24, 2017, Bitzer announced the appointment of Patton as its new distributor in India. Bitzer’s product line includes reciprocating, screw, and scroll compressors, condensing units, ammonia compressor packs, and heat exchangers suited for the Indian market. It provides customer support in Indi.../images/up/News/20177240413827500.jpg
Havells Acquires AC and Consumer Durables Business of Lloyd Electric
Havells India, a leading manufacturer of branded electrical products, has made a foray into the fast growing consumer durables market by acquiring the air conditioners and consumer durables business of Lloyd Electric and Engineering for INR 16 billion (US$ 248 million). The agreement, signed by Have...
Voltas Joins with Arcelik for US $ 100 Million Consumer Durables Venture
Voltas, Tata Group company, has reached an agreement with Turkey’s Ardutch, a subsidiary of Arcelik that forms a part of the Koc Group, to set up an equal partnership joint venture (JV) company in India with equity capital of US$ 100 million. This marks the entry of Voltas into the consumer durables...
Government Clears US$ 930 Million Scheme for Food Processing Sector
The central government has approved a new INR 60 billion (US$ 930 million) Scheme for Agro-Marine Processing and Development of Agro -Processing Clusters (SAMPADA) for 2016-2020 with the aim of boosting both marine and agriculture produce processing. This decision was made on May 3, 2017 at a meetin...
India Ushers in GST
At the stroke of midnight on June 30, 2017, India entered a new era of one nation - one tax - one market. In the most important tax reform since India attained independence 70 years ago, all the states embraced the goods and services tax (GST), which subsumes a large number of central, state, and lo...
Heat Wave Boosts AC Sales
With the onset of monsoon season, the summer of 2017 has drawn to an end in most parts of the Indian sub-continent. It was a severe summer, with temperatures well above nor-mal, especially in the northern parts of the subcontinent, which temporarily became the hottest region in the world due to the .../images/up/News/20177240293570824.jpg
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