India
BITZER opens Green Point in Bangalore
August 2013 Rob de Bruyn, Managing Director of BITZER India, giving his inaugural address in Bangalore. ?Green Point - three service and maintenance centres in India ?Comprehensive quality pro...
Sales of summer home appliances rise
Kathmandu, JUL 27 2013 Demand for summer home appliances has surged 10-18 percent. Traders said that sales of refrigerators, air conditioners and air coolers swelled due to a rising preference for high-tech products and reduced load-shedding hours. LG, Samsung, Whirlpool, Yashuda, Panasonic and Daewoo are the fastest selling brands in the segment. The dealers of these brands said that the i...
Price hike to support Blue Star's margins: Analysts
Jul 27, 2013, Mumbai: The move by Blue Star to take a price hike of up to 6% in the room airconditioner division is expected to support margins in the scenario of a depreciating rupee, said industry analysts. Foreign exchange fluctuations have a direct impact on the profit of the cooling products division since commercial refrigerators are imported. Blue Star has been observing robust demand in t...
Voltas Extends its Market Share to 19.8% in May
According to GFK Retail Audit Report, Voltas reached the market share to 19.8% in May, contributed by its popular line ‘All-Weather’ air conditioners. The figure is especially meaningful because May is the most critical month in the Indian air conditioner industry, having the highest contribution to annual sales. Voltas’ strong performance this May is reflected in various regional achieveme...
Revised Criteria for India Chiller Energy Efficiency Project
IDBI Bank, in association with Government of India and the World Bank, has been implementing India Chiller Energy Efficiency Project (ICEEP) since September 2009. The project offers financial incentives to chiller owners for replacing CFC based chillers with more energy efficient non CFC chillers. The eligibility criteria for ICEEP has been revised. ICEEP has been receiving encouraging resp...
Central AC Market Facing Difficult Times
The market for central chilled water air conditioning systems, commonly installed in airports, metro rail stations, hotels, hospitals, software parks and office towers, is facing tough times for several reasons. There is a marked slowdown in government infrastructure projects and investments by private enterprise due to political uncertainties and the fact that elections for a new central governme...
Evaporative Coolers in India
Keruilai of China, was a large manufacturer of evaporative coolers for about ten years until it was acquired by Munters of Sweden, the pioneer in humidity control technology and the world’s leading co...
Ruskin Titus India Launches New Range of Fans
Ruskin Titus India has launched its complete range of cabinet and circular fans under its brand name Lau. The fans are available at all its works across India, in Delhi, Mumbai, Bangalore and Hyderaba...
Ziehl-Abegg Establishes New Production Facility in India
Ziehl-Abegg India - a 100% subsidiary of Ziehl-Abegg, Germany has expanded its footprint in India and set up its first production facility of 10,000 ft2 in March in Chakan, near Pune. This facility is...
Danfoss Launches First Training Center in India
Danfoss India has launched the first of its kind learning center called Refrigeration and Air Conditioning Learning Center on April 30 in Chennai. The center was inaugurated by chief guest, Dr. R. K. ...
Honeywell Wins Indo-American Corporate Excellence Awards
Jul 16, 2013 Honeywell Automation India Limited (HAIL) received two Indo-American Corporate Excellence awards at a ceremony organized by the Indo-American Chamber of Commerce (IACC). Anant Maheshwari,...
Reviving U.S.--India Cooperation on Climate Change
Secretary of State John Kerry visited to New Delhi, India, in June. The visit was a key opportunity for Secretary Kerry to reinvigorate U.S.-India cooperation on climate change and to continue to make progress under the Green Partnership, the landmark clean energy and climate change agreement forged by President Obama and Prime Minister Singh in 2009. Since the Green Partnership was signed,...
