Johnson-Hitachi to halve imports, double exports over next 1 year

Leading air-conditioner maker Johnson Controls-Hitachi India is planning to halve its import dependence and at the same time to double its exports over the next one year.

The move comes amidst the shrill calls for boycotting Chinese goods following violent skirmishes on the Leh border earlier this month that lead to the killing of 20 Indian soldiers.

The government sees the air-conditioning industry as a priority sector for generating jobs along with furniture, leather and footwear.

The domestic AC industry meets almost half of its parts through imports, primarily from China, and turn it to be a key export driver.

Johnson Controls-Hitachi Air Conditioning