Production cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the...

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...

Midea Technology Park will have three manufacturing units for home appliances, HVAC products and compressors, and will also include a manuf...

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...

The switch to greener gases has started in high-end models such as inverter air-conditioners and the companies plan to bring them across th...

Carrier Midea India is going to manufacture its entire range of residential air-conditioners in its facility in Haryana this year.

The rules have been notified by the Bureau of Energy Efficiency, the nodal body under the power ministry for energy efficiency rating of co...

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 ...

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 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.

Indian consumers have started upgrading to higher priced, but less power consuming airconditioners to snip mounting electricity bills after...

The economic slowdown is prompting air conditioner manufacturers to bank on resilient segments such as government-funded infrastructure pro...