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HTL Aircon has crossed the Rs 100 crore mark in the pure heating, ventilation and air- conditioning (HVAC) sector. Company currently holds a major market share and will move ahead with the objective of creating teams for other MEP services. It will soon be listed on BSE SME by FY20. HTL has a presence in […]

Early onset of summer, the launch of inverter window air-conditioners (ACs) and potential benefits accruing from Budget proposals have put Voltas in the spotlight. The market seems to have had an inkling, given the Voltas stock was up over 6 per cent in the last few days. According to analysts, the early onset of summer […]

Ahmedabad-based Natural Storage Solutions Pvt Ltd (NSSPL) announced on Wednesday the signing of a memorandum of understanding (MoU) with Dhaka-based Star Infrastructure Development Consortium Ltd for setting up a cold storage facility in the neighbouring country. NSSPL is a designer and manufacturer of industrial refrigeration applications. Its portfolio includes turnkey solutions for refrigeration plants used […]

Daikin India is scouting for a location to build its third manufacturing facility in the country. Company is also set to introduce the VRV (Variable Refrigerant Volume) AC technology solutions for residential consumers this summer season. Company’s second plant, located in Neemrana, Rajasthan, started operations in November 2017, ramping up its capacity to manufacture 15 […]

Eyeing a bigger pie in the consumer appliances segment in India, Bosch Home Appliances has decide to enter the mass cooling segment with its double-door refrigerators range — Serie 4. The international white goods brand will initially launch nine models of its double-door fridges with capacities in the range of 290-350 litres starting at a […]

Air-conditioning and commercial refrigeration major Blue Star is planning to set up two units at an investment of Rs 215 crore in Jammu and Andhra Pradesh, a top executive today said. “We have plans to set up two units with a total investment of Rs 215 crore at Jammu and Sri City in Andhra Pradesh. […]

Mumbai-based air conditioning major Blue Star is planning to integrate its air conditioners with air purifiers in collaboration with companies based in China and the US. Having entered the air purifier category this summer, the 70-year-old company is also seeking technology from IIT Madras to come up with such products, which will be the first […]

Tata Group firm Voltas is looking for a double digit growth in the aircondition segment as the company is expecting a longer and severe summers this year along with pent-up-demands from the consumers. Besides, Voltas would also focus on the growth of the air-cooler segment as it is expecting to sell five lakh units by […]

Kent RO Systems, a manufacturer of water purifier systems, is setting up its second manufacturing facility in Noida at an investment of Rs. 100 crore. The plant will go operational in the first half of 2017. Addressing media persons at the launch of Kent’s Smart RO water purifier in Chennai, Varun Gupta, Director, said the […]

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