Page 2 - Air Conditioner

Voltas to build new air conditioner manufacturing unit in Tamil Nadu

Cooling products maker Voltas on Friday said it has performed the groundbreaking ceremony for the construction of its new air conditioner making unit at Tamil Nadu's Tiruvallur district. This was part of Voltas' efforts to strengthen its "Make in India" commitment to the country and it would be investing Rs 500 crore in the TN plant, a company release on Friday said. The Tata Group company has manufacturing facilities in Pantnagar (Uttarakhand) and Waghodia and Sanand in Gujarat. The Bhoomi Pujan for the Madharapakkam unit was performed by the leadership team of the company on May 24. Chairman of Voltas Limited, Noel Tata and Managing Director & CEO of Voltas, Pradeep Bakshi, along with others were present. "The construction of the new manufacturing facility is spread over 150 acres. The company has planned to invest over Rs 500 crore in this factory, for RAC manufacturing, over the next couple of years. This facility will ensure that all the products manufactured in this ...

Blue Star targets to achieve 15% market share by FY25 in room AC segment

Blue Star Ltd is targeting to achieve a market share of 15 per cent by FY2025 in room air conditioners segment, according to company's Managing Director B Thiagarajan. The air-conditioning and commercial refrigeration major is also targeting to sell one million units this year as against over 8 lakh last year. They are targeting a market share of 15 per cent from present 13.5 per cent, Thiagarajan said here on Tuesday. Blue Star is also eyeing a good growth from the north Indian markets, including Punjab and Jammu and Kashmir. In J&K, the company commands a market share of 14 per cent, he said. He was interacting with reporters here after unveiling Blue Star Ltd's comprehensive range of air conditioners, including "best-in-class affordable" range and a "flagship premium" range, for the summer season. Overall, the company has launched nearly 75 models across the spectrum of inverter, fixed speed and window air conditioners, and across price points to cater to every consumer ...

Power rating to maintenance: What to consider when you buy an AC

As India braces for a scorching summer, here is how you should do when you get this necessary device

LG starts manufacturing dual inverter air conditioner compressors in India

South Korean consumer durables maker LG Electronics on Monday said it has started manufacturing Dual Inverter Air Conditioner Compressors at its plant in Greater Nodia. LG Electronics India, which is among the leading players in the residential air-conditioning market here, has invested around Rs 100 crore in the new facility in Uttar Pradesh. The new line has a capacity to roll out one million units per year, the company said. According to the company, it has 'become the first brand to manufacture its own Dual Inverter Air Conditioner compressor in India". Hyunjin Lee, Manufacturing MD of LG Electronics India, said this continuous expansion is a step towards making self-reliant India a reality. LG Electronics aims to make India a powerful manufacturing hub. "We have invested approximately Rs 100 crore in setting up this Air Conditioner Compressor manufacturing line and are continuously working towards strengthening our local operations," he added. In January, LG Electronics Indi

Will make India our manufacturing hub, triple our exports by 2025: Daikin

In India, Daikin will begin a new plant in August, and it will manufacture air conditioners and compressors

Import dependency for AC compressors may fall to 15% by 2027-28

Domestic manufacturing from month-end under PLI scheme to lower dependence from 85%

The EcoFlow Wave portable air conditioner is the perfect way to keep your RV cool on the road

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Lower margins weigh on Havells' Q1 performance as input, staff costs surge

Even as the trend is seen continuing in Q2 before reversing in the second half, analysts are positive on the company

LG first in India to sell over 1 mn dual-inverter ACs in six months

LG Electronics on Monday said it has become the first and only company to sell over 10 lakh dual-inverter air conditioners in India in the six-month period in the first half of the year.

Voltas signs JV pact with Highly International to manufacture compressors

The Tata group firm has executed the joint venture agreement on April 30, 2022 with Hong Kong-based Highly International

Air coolers to beat the heat and maintain room freshness wherever you are

Not only are air coolers cheaper than ACs, but also more energy efficient and easier to maintain. Some varieties are portable and most enable user mobility as well

Margin pressures may cap upsides for Voltas; Dec quarter show mixed

After two dismal seasons, the sector is hoping for a recovery this year

Daikin to set up Rs 1,000-crore AC manufacturing plant in Andhra Pradesh

First firm to acquire land for a new factory under the PLI scheme for white goods

Cruise Outshines as a Leading Manufacturer of ACs with its Advanced Technology

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Tips to help you buy the right AC for the house and keep cool this summer

Never buy in a hurry, especially with so many brands out there. Check out key features such as humidity control, air purification, and heating ability during winters

Voltas pre-tax profit drops 58% in June quarter; revenue plunges 51%

Its operating revenue plunged 51 per cent to Rs 1,297 crores from Rs 2,654 crores last year

Shutting up ain't good for health

Normally, cutting off conversation has its benefits, but not all the time, writes Kishore Singh

Climate change: 4.8 bn cooling equipments to be sold in 11 yrs, says study

Domestic and residential cooling accounts for more than 60 per cent of overall demand placing the onus on real estate developers and households

Analysts positive on Voltas despite slowdown, see growth in projects, ACs

While the company's projects segment is expected to perform better, a strong Q1 and moves to clear inventory are positives for room air-conditioner business

Power Ministry considers making 24 degrees as default setting in ACs

The temperatures settings in ACs will be in the range of 24 to 26 degree Celsius, it said