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CHINA AC COMPONENTS
Electronics makers face component shortages as Gulf shipping crisis hits productionIndian electronics manufacturers are currently grappling with a critical shortage of essential components like microprocessors and batterie...- The next phase of India manufacturing: HDFC AMC’s Rakesh Sethia breaks down real winners in EMS, aerospace & autoIndia's manufacturing sector is transitioning to deep tech localization, fueled by robust domestic demand and government incentives. HDFC A...
- China develops fibre that is 10 times stronger than steel, but thinner than hair, can pull coach carrying 54 adultsChina has achieved industrial-scale production of a new ultra-high-strength T1200-grade carbon fiber, thinner than human hair but stronger ...
- 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...
- Power, auto ancillary, and mid-size banks: Where Motilal Oswal Private Wealth is putting money nowMotilal Oswal Private Wealth is investing cash into key sectors. Power is a top pick due to rising demand. Auto ancillary firms are set to ...
- Chinese AC compressor import rules eased for a year to tackle shortageTo address a critical shortage, the Indian government has temporarily waived mandatory BIS certification for air-conditioner compressor imp...
- 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...
- 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...
- Chinese compressor freeze may turn up the heat on IndiaIndia's AC and refrigerator production is expected to face challenges this summer due to limited compressor supplies. Chinese manufacturers...
- Nike, Carrier have a problem as India rubBIShes China factories' quality certification applicationsThese firms have now written to the government to seek certification for manufacturing units in other Asian nations, a senior government of...
- India's heatwave to lift AC sales to record, but supplies from China delayedWith temperatures this month breaching 49 degrees Celsius in New Delhi, sales are set to reach 8.5-9 million units this year, up from 2019'...
- PLI for AC component manufacturing to help build ecosystem, reduce dependency on imports: IndustryGovernment said as many as 31 companies, including Voltas, Daikin, Panasonic, Hitachi, Blue Star and Havells, have applied for availing PLI...
- PLI scheme: Voltas, Blue Star among AC biggies planning to invest ₹3,000 croreVoltas, Blue Star, Dixon, China’s GMCC, Amber Enterprises, Panasonic, Lloyd and Hindalco are set to apply for the government’s production-l...
- India to be Whirlpool’s global hub for sourcingWhirlpool India MD Vishal Bhola said the company has reached out to suppliers in China and Southeast Asia on ways to incentivise them in co...
- Blue Star fears coronavirus may affect April productionChina supplies several components for air conditioners made in India. Shortage of these components could affect AC production in India. "We...
- Electronic goods set to get expensive amid short supplies from virus hit ChinaAll large manufacturers including LG, Voltas, Samsung, Haier and Panasonic have decided on a 3-5% price increase across models. This means ...
- Shanghai Hitachi commissions AC compressor plant in GujaratThrough the plant, the company seeks to expand its presence in the global market for AC compressors, particularly in BRICS countries, it sa...
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