Mitsubishi Electric Opens Exclusive MEQ Hiroba Showroom for

Mitsubishi Electric inaugurated an exclusive and unique concept showroom for residential air conditioners at Faridabad near Delhi on March 19, in association with its channel partner. This exclusive s...


Haier Announces Its Second Industrial Park in India

China’s leading appliances maker Haier announced on March 29 the ground breaking ceremony of its second industrial park in India at Greater Noida near Delhi. The company had signed a memorandum of understanding with the Uttar Pradesh government last September to invest INR 30.69 billion (US$ 438 million) over the next three years in two phases. With this investment, Haier India plans to scal...


Blue Star Board Has a New Look

Blue Star, a major company in the air conditioning and commercial refrigeration business, has made changes in its board of directors with effect from April 1. The company has appointed Shailesh Haribh...


AC Industry Hoping for Double Digit Growth This Year

Air conditioner manufacturers in India are quite optimistic about the industry’s growth prospects this year. After two years of slowdown, early sales in the summer of 2019 point towards a revival of the industry’s fortunes. The industry also expects a shift towards higher-technology and power-efficient models, with inverter air conditioners poised for a higher share of the market. T...


Clivet Seminar 2019 in Two Indian Cities

Midea CAC marketing together with CIN (Clivet India) held a Clivet Seminar 2019 in Bangalore and Mumbai respectively on April 26 and 30. Over 100 guests including local distributors, consultants, desi...


Frascold Opens New Factory in India

Frascold announced the opening of a new factory in Ahmedabad dedicated to condensing unit assembly. The impressive growth in demand for Frascold solutions in India has led the company to open a new...


GEA builds first freeze-dried coffee production plant for Ta

20 May 2019 GEA has completed a new freeze-dried instant coffee plant on a green field site in Vietnam for Tata Coffee Vietnam Company Limited, a 100% subsidiary of Tata Coffee Limited, India.  ...



Reported by Rakesh Kumar, managing editor, ISHRAE Journal Economic Scenario The World Bank estimates India’s GDP growth for the financial year April 2018 to March 2019 at 7.3%, against 6.7...


The Indian Room Air Conditioner Market, 2019-2025 - Analyzed

May 16, 2019 According to this research, India room air conditioner market size is projected to grow at a CAGR of 13.7% during 2019-2025.   Growing retail & hospitality sectors, rising construction activities across new housing societies along with increasing establishment of SMEs and commercial hubs have fueled the market for room air conditioners in India. Additionally, growth in con...

U.S. VRF Report