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AC MANUFACTURERS MEETING
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- Betting big on mid and smallcaps; largecaps most expensive on PEG basis, says Dinshaw IraniHelios Mutual Fund is shifting investments from large companies to mid and small companies. This move follows earnings growth trends where ...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- Curbs on compressor imports could hit supply of ACs & refrigerators, warn companiesThe concern follows a May 8 order by the Department for Promotion of Industry and Internal Trade (DPIIT), which links compressor imports in...
- India's power sector set for up to 6 per cent CAGR on multi-vector capex upcycle: CitiIndia's power sector is positioned for a sustained growth trajectory with a medium-term forecast set at a 5-6 per cent CAGR, supported by t...
- LG records hot sales as it sells 1 million ACs in CYQ1; Co to expand Sri City plantLG Electronics India achieved a record start to the summer season selling over one million air conditioners in the January-March quarter of...
- Chinese professionals back in India on warmer tiesChinese professionals are returning to India in growing numbers for business. Companies like Oppo, Xiaomi, and Midea are sending executives...
- India’s AC industry braces for supply disruptions as LPG, petrochemical shortages emerge amid West Asia conflictWith the summer season just around the corner, air conditioner manufacturing is encountering significant roadblocks. Insufficient supplies ...
- Out with the old, in with the cool new AC: Govt working on scheme to replace units that are over 10 yrs old with freshThe power ministry is devising a plan to encourage consumers to replace old, energy-inefficient air conditioners with new five-star rated m...
- Govt sets a cool exports target for AC makersThe government is pushing air conditioner manufacturers to significantly increase exports. This follows the Production Linked Incentive sch...
- India stays cool, thanks to China. Can that change?India anticipates intense heat from April to June. This could strain the air conditioner market. The industry relies on imported components...
- Don't just be cool, be better: BEE asks AC, fridge manufacturers to boost energy efficiency to match world standardsThe Bureau of Energy Efficiency (BEE) is pushing air-conditioner and refrigerator manufacturers to meet stringent global energy efficiency ...
- India warms up to China to stay cool this summer; Asks AC, fridge cos to build factories for compressorsThe Indian government is exploring flexible joint ventures between Indian and Chinese firms for manufacturing air conditioner and refrigera...
- AC prices to give Indians the chills this summer; Blue Star likely to hike pricesAs summer temperatures rise, the prices of air conditioners are set to increase by 4-5% due to volatile metal prices and supply chain disru...
- Govt exempts critical AC and refrigerator components from BIS certification to prevent shortage during summerTo prevent a potential shortage during a brutal summer, the Indian government has exempted certain AC and refrigerator components from mand...
- AC prices set to soar: Rupee plight is raising the heat on what cools youWith rising temperatures, air conditioner prices are set to increase due to higher import costs from a weaker rupee and supply chain disrup...
- PLI scheme for air-conditioners, LED lighting to focus on component production, exportsCommerce and industry minister Piyush Goyal held a detailed consultation with the industry on Tuesday on how to make India a global product...
- CM to decide on BMTC’s 80 electric bus procurementTransport minister DC Thammanna demands outright purchase of buses while city public transport bats for leasing them.
- Blue Star plans to set up unit in South India for Rs 150 croreAir-conditioner manufacturer Blue Star is planning to set up a unit in South India at an expected investment of Rs 150 crore by December 20...
- Safety nod for Mumbai & Jaipur AC double-decker trainsThe much awaited fully air conditioned double-decker trains between Delhi-Jaipur and Mumbai-Ahmedabad are set to be launched soon as both o...
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