Air Conditioners

The projects business helps achieve a modest growth in revenues as RAC demand takes a hit

Relaxation of BIS norms likely for AC compressors with capacity less than 2 tonnes: CNBC-Awaaz

Grooved AC copper tubes are also likely to get import relaxations, the channel reported

India’s heat waves fuel air conditioner sales, defying consumer slowdown

Despite regular heat waves, very few Indian households have an air conditioner — just 10% compared with 68% of Chinese and 38% of Thai homes

Room ACs could contribute 120 GW to India's peak power demand by 2030: UC Berkeley study

The report also calls for updating AC test procedures to better reflect India's humid climate, where comfort depends not just on cooling but on moisture removal.

Voltas, Havells India shares rise up to 4% as govt exempts key AC, refrigerator components from BIS certification

The exemption follows reports of an unusually warm summer and hints from the government about policy measures to address climate change-related challenges.

Voltas Q2: Strong show with revenue growth, margin expansion

Though the company continues its growth trajectory in RAC, the improvement in EMP business boosted earnings

Voltas Q1: RAC demand hots up, other businesses turn around

While the company sustains its growth trajectory in RAC, the improvement in EMP business boosts earnings

Blue Star bets on air conditioner sales to double in four years as disposable income grows

Blue Star plans to double the production of ACs at the Sri City plant in Andhra Pradesh from the current 3 lakh units by the end of this fiscal.

Health risk of air conditioning: Respiratory issues, eye irritation, dehydration

Health risk of air conditioning: Sudden transitions from hot to cold environments can trigger headaches and migraines, and prolonged exposure to air-conditioned spaces can reduce the body's natural heat tolerance. Here are 6 adverse impacts of AC on body and the coping strategies to deal with it.

Havells to invest Rs 50-60 crore in air conditioner manufacturing capacities

The decision to increase capacity has been taken in order to cater to the increased demand, the company said.

Panasonic introduces 60 AC models for 2024

This also includes India's first matter-enabled room ACs, powered by its IoT platform Miraie, a statement from Panasonic Life Solutions India (PLSIND) said.

Exclusive: Focusing on the ‘cooling’ sector will bring the biggest and fastest gains, says EESL chief

Vishal Kapoor said Energy Efficiency Services Limited is looking to expand its client base to MSMEs, offering them 35 energy-efficient technologies.

No AC on IndiGo flight, passengers handed tissues to wipe sweat: Congress leader on 'horrifying experience'

Complaining about the same, the Congress leader mentioned that the passengers were first made to wait 10-15 minutes in a queue in the scorching heat and when they entered the flight, the ACs were off. The aircraft took off without the ACs working.

Man buys AC for family with internship's first stipend. Heartwarming post is viral

The now-viral post was shared on Twitter by a user named Devesh Kumar. It featured a picture of a carton with a Blue Star AC.

With early summer and expectation of elongated season, AC makers expect 20% volume growth

Buoyant by early trends of surge in demand, AC makers are expanding their portfolio by adding products in their lineup based on energy-efficient inverter technology and smart features such as IoT and air purifiers.

LG India on course to sell 1.4 million units during CY 2022

AS per TechSci Research, among the key industry players, Voltas (owned by the Tata Group) has a market share of 9 percent, Daikin has 10 percent, LG 11 percent, Blue Star 5 percent, and Johnson Controls-Hitachi Air Conditioning 6 percent market share in FY22.

LG Electronics sells one million dual inverter air conditioners in H1 2022

In 2016, LG Electronics decided to make a 100% transition towards the Inverter AC category. The reason behind this decision was to focus on introducing technology that ensures electricity savings.

In Kashmir, ACs are selling like hot cakes

Blame it on climate change as demand for cooling products soar

Godrej Appliances aims for Rs 5,500 crore turnover in FY23, to invest Rs 200 crore in capacity expansion

Godrej Appliances, a business unit of Godrej & Boyce, the flagship company of the Godrej Group, aims for a turnover of around Rs 5,500 crore, which is even 35 per cent higher than the pre-pandemic number of Rs 4,500 crore, Nandi added.

AC makers set for 25-30% growth over pre-COVID times as India swelters in extreme heatwave

According to the appliances manufacturers association, the industry doubled its sales in April compared to the same month last year.

Scorching heat leads to record sales of residential air conditioners in April

The sales have also been boosted by pent-up demand and a low base of April last year when businesses were impacted by the second wave of COVID-19 pandemic.

Consumer durables prices to go up 5-10% as makers feel heat of rising input costs

Terming the price increase "inevitable", Johnson Controls-Hitachi Air Conditioning India Chairman and Managing Director Gurmeet Singh said brands will hike prices up to 10 per cent in phases by April on account of an increase in input costs including that of raw materials, taxes, and transportation.

AC, solar PLIs will nudge backward integration; sustained support crucial to build industry base

The PLI schemes coupled with the hike in import duties will encourage backward integration. Companies already in components and contract manufacturing are better placed to avail of the incentives

Centre extends PLI scheme for manufacturing of air conditioners, LEDs and solar PV modules

Government has announced Rs. 4500 crore worth of benefits for solar photovoltaic modules, Rs. 6238 crore for LED bulbs. Incentives will be direct subsidies based on incremental production given to global champions who can bring in economies of scale, Piyush Goyal said.

AC import ban — a cool strategy?

To give a fillip to domestic manufacturing, the government must also think of ways to better support component manufacturing