Industry News

In order to curb the increasing current account deficit, the Indian government has increased basic custom duty on 19 items, including air conditioners and refrigerators, effective from September 27.
The basic custom duty on these items has ...

Voltbek Home Appliances Private Limited (Voltbek), an equal partnership joint venture between Voltas Limited and Arçelik, has introduced a wide range of home appliances including refrigerators, washing machines, microwaves/ ovens, and dishw ...

Suvidha Engineers India Pvt. Ltd., a company founded in 1983, has agreed to an acquisition by Shinryo Corporation, a leading Japanese company in the HVAC, MEP, installation and engineering space founded in 1956, in the form of 100% company share t ...

US Green Building Council (USGBC) organised the second edition of Greenbuild International Conference & Expo in India at Mumbai on November 15-18, in partnership with ABEC Exhibitions & Conferences Ltd. This year’s theme was Human x ...

The Calibration Laboratory of Testo India has been assessed and accredited in accordance with ISO/IEC17025:2005 by National Accreditation Board for Testing and Calibration Laboratories (NABL). The accreditation holds good for humidity, pressure, a ...

Chinese consumer durables group Midea plans to manufacture its products in India by next year, and is setting up a new facility at Supa in Ahmednagar, near Pune, at an investment of Rs 1,350 crore. This was announced by Krishan Sachdev, managing d ...

Haier opened a fi rst of its kind experience store in New Delhi in early November. Spread across 3,000 sq. ft., the store showcases some of the most intuitive and advanced products from Haier to help consumers make their lifestyles future-ready, a ...

The Indian passenger car air conditioner market is forecast to grow at a CAGR of around 10% by 2023. The anticipated growth in the market can be attributed to growing investments in the automotive and auto ancillaries sector, rising local manufact ...

Fan manufacturer Ziehl-Abegg has developed ZAplus – a fan system using a special plastic for capacitor cooling in roof air conditioning units. It is lighter and more efficient, and meets the fire safety standard DIN EN 45545. Its life cycle ...

HRS Process Systems Ltd. is a heat transfer technology provider to a range of process sectors across India, and has exclusive rights for design, manufacturing, supply and service of Plate Heat Exchangers (PHEs) in collaboration with FUNKE Warmeaus ...

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