In an interview to CNBC-TV18, Anil Rai Gupta, CMD of Havells India spoke about the goods and services tax (GST) and latest happenings in the company.
In an interview to CNBC-TV18, Gurmeet Singh, ED-Sales, Marketing & Business Planning at Hitachi Homes discussed the fundamentals of the business.
Events like pay commission implementation which lead to higher disposable income level tend to add at least 10 percent to the industry's normal growth rate, says Hitachi Homes Executive Director Gurmeet Singh.
B Thiagarajan, executive director, Blue Star expects the Indian AC market to grow at 15-20 percent in FY16.
The JV will benefit both Johnson Controls and Hitachi with each other sharing their expertise because each manufactures different products, says Gurmeet Singh of Hitachi Home and Life Solutions.
A major fire broke out at a Hitachi plant in Ahmedabad on Thursday morning. In an interview to CNBC-TV18, Amit Doshi, executive director of Hitachi Home & Life Solution India says, as of now, the assessment has been done. "We are assessing the loss as of now. We will be able to give our estimates later on," he adds.
Amit Doshi, Director - Corporate Affairs, Hitachi Home in an interview with CNBC-TV18 said, though the April-May season turned out to be slightly negative in terms of growth for the market, it still expects growth in the room air-conditioner market ahead.