Air Conditioner

Govt asks white goods industry to apply for mfg sops in large numbers

The department for promotion of industry and internal trade (DPIIT) on Monday asked white goods manufacturers to participate in large numbers to avail fiscal benefits under the production linked incentive scheme for the sector as the response has been muted so far. Additional Secretary in the DPIIT Rajeev Singh Thakur said that the department has again reopened the application window for the PLI (production linked incentive) scheme for white goods (ACs and LED lights). The application window is open from July 15 to October 12. "In the PLI in white goods scheme, somehow the response has been muted. ...Probably due to various reasons not sufficient response has come. So I request (the industry) to have a look and probably this time, you can consider (applying)," Thakur said at the CII Consumer Electronics and Durables Summit 2024 here. So far, 66 applicants with committed investment of Rs 6,962 crore have been selected as beneficiaries under the PLI scheme. The Union Cabinet had gi

PLI scheme boosts AC industry; localisation doubles in two years

Cost disadvantage for Indian manufacturers competing with other countries falls to 12% from 18% earlier

Indians tackle intense heat with 'mad rush' for air conditioners, beer

Quick delivery service Swiggy Instamart said it is seeing a sharp rise in orders for ice cream and cold beverages

AC in Delhi-Darbhanga flight 'experienced slight inefficiency': SpiceJet

No-frills carrier SpiceJet on Wednesday said the air conditioning in its Delhi to Darbhanga flight "experienced slight inefficiency" during boarding at Delhi Airport even as media reports suggested that passengers had to wait inside the aircraft for an hour without air-conditioning. The air-conditioning, however, kept working normally throughout the journey and the flight also departed on time, SpiceJet said. "SpiceJet flight SG 476 from Delhi to Darbhanga on June 19, scheduled to depart at 11 am, departed on time without any delays. During the boarding in Delhi, the air conditioning initially experienced slight inefficiency due to extreme weather conditions and both doors of the aircraft being open, as boarding was not via the aerobridge," the Gurugram-based domestic carrier said in a statement. The airline's statement came amid media reports that passengers of SpiceJet's Darbhanga flight from Delhi had to wait inside the aircraft without air-conditioning for an hour. The airline

Delhi: Over 50 shops gutted in Chandni Chowk fire, cooling op underway

Flames were still simmering under some collapsed portions of buildings and a cooling operation is underway, officials said on Friday

4th case in June: Fire erupts after AC unit bursts into flame in Ghaziabad

An AC unit installed in a two-storey building in Vasundhara in Ghaziabad, Uttar Pradesh burst into flames on Thursday morning

Air Conditioner blasts: Severe heatwave to blame for rising incidents?

Cases of ACs blasting are rising across the country amid a severe heatwave, a recent incident took place at Lotus Boulevard Society in Sector 100

Commercial AC market has significant growth potential, says CEAMA president

Commercial air-conditioning (AC) market holds "significant promise" and is witnessing growth, driven by rapid urbanisation, infrastructural development and growing emphasis on comfort in commercial spaces, said Sunil Vachani, president of electronics and appliances manufacturers' body CEAMA. The commercialC (Heating, Ventilation, and Air Conditioning) segment is witnessing a shift with its wide array of applications, with infrastructure growth including offices, retail spaces, healthcare facilities, hospitality establishments, and educational institutions, said the president of Consumer Electronics and Appliances Manufacturers Association (CEAMA). Moreover, factors such as increasing awareness of indoor air quality, sustainability mandates, and the integration of IoT (internet of things) and building automation systems are also reshaping the commercialC landscape, offering avenues for innovation and market expansion, he said. "In terms of growth potential, the commercialC segment ..

Voltas AC records 35% sales growth, crosses 2 million unit mark in FY24

Leading residential air conditioner maker Voltas on Sunday said it has recorded a 35 per cent sales growth to over two million units in FY24, becoming the first company in the domestic market to cross this mark. The performance was attributed to a consistent demand for cooling products during the year, coupled with a strong offline and online distribution network, and new innovative launches, the Tata Group firm said in a statement. "The company achieved over 2 million AC units during this fiscal 2023-24, the highest ever sale of ACs by any brand in a financial year in India, with a volume growth of 35 per cent," it added. With these landmark sales, Voltas is "the first ever brand to achieve this extraordinary milestone in the Air Conditioning industry in India", it said. The Indian residential AC market is estimated to be around 10 million units in FY24 and is expected to grow to 11.5 million units this year. Even during the March quarter, when sales of compressor-based cooling .

Hot sales ahead: Summer to fire up sales of ACs, beer and sunscreen

Epack Durable, which manufactures air conditioners for durable companies like Voltas, Haier etc., expects a growth rate of more than 15 per cent this year, if the heatwave persists beyond May

AC industry expects double-digit growth, 11.5 mn unit sales this season

Sale of air conditioners has seen a relatively slow start, contrary to expectations, but manufacturers remain confident of registering double-digit growth to cross the 11.5 million unit sales-mark this year. Leading players in the AC industry said "favourable weather forecast of a scorching summer" and increase in disposable income are likely to push up sales. Top manufacturers such as Daikin, Panasonic, LG Electronics, Blue Star, Godrej Appliances and Lloyd, expect up to 25 per cent growth this year, along with a substantial contribution from tier-III towns and smaller centres, which are emerging as promising markets for the category. Sale of energy-efficient 5-star inverter-technology-based models will have a higher contribution from metro cities and other big markets, while affordable 3-star ACs will continue to dominate the semi-urban and rural markets, they said. Brands have already introduced a new lineup with smart features such as IoT, energy-efficient models with low ...

Schneider Electric invests Rs 100 cr in new cooling factory in Bengaluru

Eighty-five per cent of the products manufactured in this factory will be exported, significantly catering to the data centre segment, as well as to buildings, industry, and infrastructure

PLI scheme for ACs game changer for industry: Panasonic Life Solutions

The Production Linked Incentive (PLI) Scheme for the air-conditioner industry is proving to be a "game changer" as within a year and a half of its launch, the ratio of domestic value addition has gone up significantly to 45 per cent from 25 per cent, a top Panasonic Life Solutions India official has said. The sole objective of the PLI scheme for air-conditioners was to increase the value addition to 75 per cent from 25 per cent by FY28 by encouraging the domestic production of components, Chairman of Panasonic Life Solutions India and South Asia Manish Sharma said. "A jump from 25 to 45 has happened just in about more than a year. So, that is the change, which is happening, and that is why I feel that the PLI has been a game changer, specifically in the air conditioners industry," Sharma, who also heads the Electronics Manufacturing Committee of industry body Ficci, told PTI. Investments in heat exchangers, compressors and other components, which are part of the PLI scheme for ...

Govt relaxes certain quality control order norms for AC manufacturers

The government has relaxed quality control order (QCO) norms for the air conditioner industry to promote ease of doing business. The order was issued in 2019 and it came into effect from October last year. These relaxations have been given after a detailed stakeholder consultation with the industry. To resolve the issues faced by the industry due to the order, the Department for Promotion of Industry and Internal Trade (DPIIT) has introduced amendments. According to a government notification, Hermetic Compressors of more than 7000 W (2 TR) capacity have been removed from the order for one year for the manufacturers of air conditioning and refrigeration equipment and related parts. It has also exempted 200 numbers of goods or articles imported per year for the purpose of research and development by the manufacturers. These imported goods and articles however will not be allowed to be sold in the market and should be disposed of as scrap. "The OEMs (original equipment manufacturer

Govt makes air-conditioned truck cabin for drivers mandatory from Oct 2025

All new trucks manufactured on or after October 1, 2025, must be equipped with AC cabins for drivers, as the Road Transport and Highways Ministry has issued a notification for mandating air-conditioned truck cabins. In a gazette notification, the ministry has said, "...the vehicles manufactured on or after October 1, 2025, shall be fitted with an air-conditioning system for the cabin of vehicles of N2 and N3 category". The testing of the cabin fitted with an air-conditioning system shall be as per IS14618:2022, it added. In July, Union Road Transport Minister Nitin Gadkari said the draft notification to mandate the installation of air-conditioning systems in the cabins of trucks has been approved. Recently, the minister said that truck drivers play a key role in the transport sector, one of the most important areas for India, and there is a need to address issues regarding their working conditions and state of mind. Air-conditioned cabins for trucks will soon be made mandatory, ..

Blue Star Q2 results: Profit jumps 66% to Rs 70.67 cr on strong demand

The company posted a consolidated net profit of Rs 70.67 crore for the quarter ended Sept. 30, up over 66% from last year. Revenue from operations rose 19.5%

Downgrades may pressure Voltas stock, QCO norms could impact sales

While most analysts have made EPS estimate downgrades for FY24, quite a few continue to recommend "Buy/ Accumulate" in expectations of strong overall growth through FY26

Voltas reports 19% increase in profit on surge in AC sales in June quarter

Voltas shares closed down 0.98% at 828.55 rupees ahead of the results

Voltas to build new air conditioner manufacturing unit in Tamil Nadu

Cooling products maker Voltas on Friday said it has performed the groundbreaking ceremony for the construction of its new air conditioner making unit at Tamil Nadu's Tiruvallur district. This was part of Voltas' efforts to strengthen its "Make in India" commitment to the country and it would be investing Rs 500 crore in the TN plant, a company release on Friday said. The Tata Group company has manufacturing facilities in Pantnagar (Uttarakhand) and Waghodia and Sanand in Gujarat. The Bhoomi Pujan for the Madharapakkam unit was performed by the leadership team of the company on May 24. Chairman of Voltas Limited, Noel Tata and Managing Director & CEO of Voltas, Pradeep Bakshi, along with others were present. "The construction of the new manufacturing facility is spread over 150 acres. The company has planned to invest over Rs 500 crore in this factory, for RAC manufacturing, over the next couple of years. This facility will ensure that all the products manufactured in this ...

Blue Star targets to achieve 15% market share by FY25 in room AC segment

Blue Star Ltd is targeting to achieve a market share of 15 per cent by FY2025 in room air conditioners segment, according to company's Managing Director B Thiagarajan. The air-conditioning and commercial refrigeration major is also targeting to sell one million units this year as against over 8 lakh last year. They are targeting a market share of 15 per cent from present 13.5 per cent, Thiagarajan said here on Tuesday. Blue Star is also eyeing a good growth from the north Indian markets, including Punjab and Jammu and Kashmir. In J&K, the company commands a market share of 14 per cent, he said. He was interacting with reporters here after unveiling Blue Star Ltd's comprehensive range of air conditioners, including "best-in-class affordable" range and a "flagship premium" range, for the summer season. Overall, the company has launched nearly 75 models across the spectrum of inverter, fixed speed and window air conditioners, and across price points to cater to every consumer ...