India anticipates intense heat from April to June. This could strain the air conditioner market. The industry relies on imported components...

Chinese firms like Shanghai Highly and Haier are now more willing to accept Indian conditions for expansion, including minority stakes in j...

The Indian government is exploring flexible joint ventures between Indian and Chinese firms for manufacturing air conditioner and refrigera...

The Indian RAC industry is witnessing strong demand in FY25 despite compressor shortages. Manufacturers have managed supply issues through ...

In the wake of border tensions, the Indian government has been looking askance at investments by Chinese companies in India. Press Note 3 n...

Tata-owned home appliance manufacturer, Voltas, plans to manufacture air-conditioner compressors in India with a partner from either Japan ...

Expansion projects of homegrown electronics contract manufacturers - including Dixon Technologies' proposed ₹400-crore unit for manufacturi...

The proposed investments are to support the Tata-owned air-conditioner and home appliance maker's pace of growth, ensure its leadership sta...

"For that, we have already filed for PN3 approval and we are waiting for it. Once it is done, we will be setting up the plant," Bakshi told...

The government has received 52 proposals to invest a total of ₹5,866 crore under the production-linked incentive (PLI) scheme for white goo...

Government said as many as 31 companies, including Voltas, Daikin, Panasonic, Hitachi, Blue Star and Havells, have applied for availing PLI...

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

All large manufacturers including LG, Voltas, Samsung, Haier and Panasonic have decided on a 3-5% price increase across models. This means ...

While presenting the budget, Finance Minister Nirmala Sitharaman had proposed to hike the basic customs duty to 12.5 per cent from 10 per c...

The Korean giant is re-entering mass air conditioners in India from next year with an aggressive pricing strategy.

After hike in customs duty raises heat, co finds imports under FTA cheaper, may scale them up

Investments in excess of Rs 6,500 cr in the white goods sector have already been lined up for next 2 years.