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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...
Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
Daikin Industries to invest Rs 1,000 crore in India for global R&D centreDaikin Industries is set to channel a monumental one thousand crore rupees into India to launch its first global R&D hub beyond Japan. This...
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...
LG India's strong product line to sustain margins, drive stock upsideLG Electronics India shares are performing well, rising 8% in the past month. Analysts are optimistic, recommending 'buy' due to steady mar...
Looking to take success from India to other emerging markets: AcerpureAcerpure, a consumer electronics brand, is set to expand its presence in emerging markets like the Philippines, Vietnam, Thailand, and Indo...
Panasonic eyes India as top global AC market within seven yearsPanasonic expects India to become its largest global market for air conditioners within five to seven years, driven by rising demand and lo...
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...
Expansion plans, govt incentives to help KRN HeatThe company is also keen to reduce client concentration. At present, the top 10 clients contribute 80% to revenue. Daikin, its largest clie...
KRN Heat Exchanger looks well placed in cooling solutions marketKRN Heat Exchanger's stock has surged 60% since its Q2 results, driven by strong growth prospects. The company plans to significantly expan...
Blue Star targeting to double exports within 3 years, says top officialBlue Star Ltd is targeting to double its exports within three years as the company looks to expand its international footprint. Blue Star M...
Goldman sees 45% upside in the stock of this ‘specialist’ AC manufacturerGoldman Sachs on Tuesday said it sees at least 45 per cent upside in the stock from current level. It has a 12-month price target of Rs 3,9...
White goods industry welcomes govt's PLI scheme for air-conditioners and LED lightingThe union cabinet on Wednesday approved the PLI scheme for these two products with a budgetary outlay of Rs 6,238 crore as part of the gove...
Buy Blue Star, target Rs 675: SBICAP SecuritiesBuy Blue Star at a price target of Rs 675.
Daikin India aims 100 billion yen turnover in 2 years on growing sales, exportsThe company, which has two functional units in Neemrana, Rajasthan, is in the final stages to select for its third manufacturing facility, ...
Daikin India eyes USD 1 billion turnover in two yearsDaikin is planning to have another plant in South India in the next four years to catch up the growing AC market. It will invest around Rs ...
Daikin eyeing 20% revenue growth this fiscalDaikin's major growth driver would be inverter room ACs and VRV (Variable Refrigerent Volume) segment this year said Managing Director K J ...
- Haier to focus on in-house production; aims Rs 7,500 cr in 5 years
Haier will start manufacturing washing machines, ACs and water heaters at its own plant by 2014 instead of outsourcing.
- Electrolux to explore new markets in SAARC nations, Africa
Videocon Industries's home appliances division Electrolux on Tuesday said it plans to export refrigerators to Middle East, Africa and SAARC...
- Haier to make India export hub for refrigerators
Haier Appliances India, a wholly-owned subsidiary of the $16.2-billion Chinese consumer durable giant, plans to make India an export hub fo...