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4. 3 INDIA
Reported by Rakesh Kumar, Managing Editor, ISHRAE Journal Economic Scenario The Indian economy is recovering from the short-term cash shortage, shrinkage in economic activity and reduced employment caused by the government’s decision, announced suddenly on November 8, 2016, to demonetize high-.../images/up/News/201752813542594763.jpg
2. 6 INDIA
Ducted air conditioners such as chillers had been dominating the Indian market. However, through the efforts of Japanese manufacturers, market recognition of VRF technology has improved greatly. VRF demand in India was estimated at 34,000 units in 2016, showing 10.4% year-on-year growth. Compared w.../images/up/News/20175281154830299.jpg
Frascold Expanding Made-in-Italy Compressors Worldwide
Founded in 1936, Frascold has more than 80 years of experience in the compressors sector. Frascold is the largest Italian manufacturer of semi-hermetic reciprocating compressors and ranks second in Europe in the semi-hermetic reciprocating compressor sector. The company is now the third-largest manu.../images/up/News/201752623444950250.jpg
Designing a Smarter Future - Panasonic India in Collaboration with Tata Consultancy Services Announces its India Innovation Centre from Bengaluru
May 24, 2017 - Panasonic India TCS will drive innovation and create new business opportunities in the space of Internet of Things (IoT) - The Centre of Excellence (CoE) - a part of India Innovation Centre (IIC) in collaboration with Tata Consultancy Services (TCS) will bring the best minds of both .../images/up/News/20175268504537828.jpg
LG Plans to Make India Export Hub
Korean giant LG is looking at making India its export hub, banking on good ties between the two countries at a time when its overseas shipments from China are declining. According to LG Electronics India Managing Director Ki-Wan Kim, one of the main reasons for this is the prevailing tension between.../images/up/News/20175261224877490.jpg
Bry-Air Launches BrySmart Dehumidifier with Patented Technology
Bry-Air, a worldwide leader in dehumidification with over 50 years of experience, has filed 107 international patent applications for 12 new technologies till now, of which 22 have been granted. It has launched a new series of dehumidifiers, the BrySmart dehumidifier BBS series, with two patented te.../images/up/News/20175261203458763.jpg
Panasonic Lays Foundation for New Factory
Panasonic India performed the foundation stone laying ceremony of its new refrigerator manufacturing unit at Panasonic Technopark, Jhajjar in the north Indian state of Haryana in March 2017. Manohar Lal Khattar, Haryana chief minister, Om Prakash Dhankar, Haryana agriculture minister, Devender Singh.../images/up/News/20175261165685015.jpg
Kirloskar Chillers Exports Largest Indian Chillers
The largest chillers ever built in India were shipped out of the plant of Kirloskar Chillers near Pune in west India in March 2017. These chillers, using centrifugal compressors, are of 1,200 RT capacity, weighing almost 24,000 kg each and are specially designed and customized for the International .../images/up/News/20175261133537266.jpg
Daikin India R&D Centre Develops India-centric Products
The new RD center of Daikin Air-conditioning India Pvt. Ltd. (DAIPL), located in the sprawling campus of Daikin’s manufacturing facility at Neemrana in Rajasthan, has recently acquired the status of a Government of India-recognised RD center. The RD center houses state-of-the art equipment for de.../images/up/News/2017526111352593.jpg
Early Summer Brings Hopes of 15-18% Growth in AC Market
The early arrival of summer this year, especially in the north and east, has fueled air conditioner manufacturers’ hopes for a 15-18% growth in sales, according to estimates by Consumer Electronics and Appliances Manufacturers Association (CEAMA). The industry is expected to grow at a compound annua.../images/up/News/201752523241179113.jpg
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