The persisting heatwave has made air conditioners our true saviours by providing us with maximum comfort from cooling air in our homes, off...

Voltas, Blue Star, Dixon, China’s GMCC, Amber Enterprises, Panasonic, Lloyd and Hindalco are set to apply for the government’s production-l...

Air-conditioner maker Carrier Midea India is reaching out to its suppliers, many of whom are owned by one of its parent – China's top white...

The new facility near Pune, with a technology park, will have three manufacturing units for home appliances, HVAC products and compressors.

According to industry estimates, AC sales have plunged by more than 15% between March and April third week over the same period last year, ...

The Indian residential AC market is around 5 million units with a penetration of around 4 per cent, it is expected to close this fiscal aro...

Firms like LG, Voltas, Carrier Midea, Daikin, Blue Star and Panasonic are confident that their sales will grow in double-digits this summer.

In India, most Chinese brands have underperformed because of perception regarding product quality.

Air conditioner manufacturers are tapping the small office home office (SOHO) segment to boost sales this season, in which demand has been ...

Midea's home appliances range includes refrigerators, washing machines, oven toaster griller (OTG), water heater and kitchen appliances.

AC maker Carrier Midea will double its advertising and promotion budget this year, and targeting a turnover of Rs 1,000 crore in 2013.

Carrier Midea India today said it is planning to expand its offering in the kitchen appliances segment by bringing Midea's products in the ...

Blame it on prevailing cool nights in key markets and a fresh round of price increases of up to 10%, air-conditioner sales have yet to pick...

Carrier Midea India has started feasibility study to manufacture them in its newly constructed plant in Haryana.

Consumer durables maker Carrier today said it will invest Rs 500 crore alongwith its joint venture partner Midea to expand its production c...

Carrier Midea India announced commencement of operation at its new manufacturing facility at Bawal, about 60 km near Gurgaon.

Chinese company Midea and US-based Carrier have agreed to set up a new JV in India, pooling their businesses and strengths in the country.