Page 2 - Air Conditioners

India plans to standardise air-conditioning temperature to save power

The move aims to cut peak power consumption, reduce emissions and electricity bills, and promote energy efficiency amid rising cooling demand in a warming climate

BSES summer offer: Up to 63% off on ACs, fans in new exchange scheme

Residents in Delhi can cut cooling costs as BSES reintroduces its 2025 exchange scheme, offering steep discounts on energy-efficient ACs and ceiling fans.

Early rains throw a wet blanket over FMCG, air conditioner, beauty sales

Typically, the summer season from April to June sees peak sales of cold beverages, including carbonated drinks, ice creams, ACs, and other edible and non-edible cooling products

India bought 14 mn ACs in 2024: Cooling boom adds to environmental burden

More air conditioners will also increase the demand for electricity, most of which comes from burning coal - a major source of climate pollution

Stricter efficiency standards for air conditioner makers in the works

This would help bring in more efficiency in cooling and can potentially control sudden power demand spikes as well as slash electricity bills

Working in AC and facing summer heat? Eight tips to stay fit and energised

Sudden shifts between air conditioning and summer heat can harm your health-here's how office-goers can stay protected and energised

Panasonic's India arm aims for over 10% growth in FY26 on strong AC sale

The company witnessed a record 30 per cent sales growth in consumer appliances in the ongoing summer season, primarily led by the sale of air conditioners

Govt mulling scheme to lure users to replace old AC with new 5-star models

Consumers may be able to turn in their old units and receive a certificate that can be redeemed while purchasing a new five-star AC, that can save up to ₹6,300 a year in electricity bills

Rainfall, price hikes slow AC sales in April, industry eyes growth

Intermittent rainfall in south India and recent thunderstorms with moderate rain in some parts of north and eastern regions have slowed down the pace of sales of room air conditioners in April, but the industry is still expecting a double-digit growth with recent weather forecasts suggesting an intense summer. Manufacturers of room air conditioners (RAC), including Blue Star, Samsung, and Haier, are also going for a price increase of up to 5 per cent in April, extending the impact on raw material costs and currency exchange fluctuations amidst macroeconomic volatility. Besides, the room AC industry is still dependent on imports of crucial components such as compressors, PCBs, and fan motors, mainly from China, and is anxiously looking at the tariff standoff triggered by the Trump administration. Despite such odds, the RAC industry expects a double-digit growth in the June quarter, the season contributing a large chunk for sales of compressor-based cooling products, over the high bas

Samsung targets 10% market share in India's room air conditioner segment

Appliances and Consumer Electronics major Samsung India has doubled its sales in the fast growing room-air conditioner segment and has cornered 10 per cent market share in the March quarter of 2025, said a company official. The company, which has made a comeback in the room-air conditioner segment, has launched 19 models under its BESPOKE AI WindFree air conditioner series, featuring advanced AI technology for personalised cooling experiences. "There has been robust growth in this quarter and we are growing by 2X. In fact our internal estimate says that we will be 10 per cent of the market in Q1, which is almost double from last year's same quarter. "We are confident that we are going to lead the growth in the industry, and with better growth we will have good market share," said Samsung India Vice President, Digital Appliances Business Ghufran Alam. The company estimates the room-air conditioner industry to grow 20 to 25 per cent this year, and Samsung is ahead of that, leading th

Stronger AC efficiency rules can help India avoid power shortages: Study

The study conducted by India Energy and Climate Center (IECC) highlights that India adds 10 to 15 million new ACs annually, with another 130 to 150 million expected over the next decade

Godrej Enterprises Group eyes 50% growth in AC sales in FY26 on high demand

Godrej Enterprises Group expects sales of its air conditioners to grow 50 per cent in the next fiscal on the back of continued robust demand and its new range of products, including smart ACs, a top company official said on Tuesday. With the early onset of summer, the group expects the overall industry demand for ACs to be strong at around 30-35 per cent growth but not as high as 60 per cent witnessed last year due to a high base, Godrej Enterprises Group, Business Head & EVP, Appliances Business Kamal Nandi told PTI here. The group on Tuesday ramped up its AC portfolio, including a premium range of smart ACs and also announced its foray into the commercial AC segment with Cassette ACs and Tower ACs. "We will be ending this year (FY25), doubling our volumes. We will be closing this year with about 10 per cent market share. This is up from 6.7 lakh to 14 lakh units. We are growing more than 100 per cent against industry growth that will be roughly about 36 per cent," Nandi said ...

Cold drinks to ACs: Early onset turns summer products into hot picks

This year, companies have strengthened their supply chains as well to meet soaring demand

Expected heatwave to thaw the freeze on air conditioner stock gains

DEMAND BOILS OVER, PRICE HIKES SIZZLE: Room air conditioner majors eye scorching double-digit growth

AC companies likely to raise prices by 4-5% due to component shortages

Haier, the third-biggest home appliances maker in the country with a close to 10 per cent share in the AC market, is ramping up capacities to address increased demand in the coming period

Havells, PG Electroplast, KEI, Amber: EMS continues to shine, says Nuvama

While many consumer durables companies reported disappointing earnings, missing their profit estimates due to lower margins, the EMS players exceeded expectations with strong revenue and profit growth

Voltas, Lumax among 18 firms selected under PLI scheme for whitegoods

As many as 18 companies, including Voltas, MIRC Electronics, Lumax and UNO Minda, with a committed investment of Rs 2,299 crore, have been selected to avail benefits under the production-linked incentive (PLI) scheme for white goods sector, an official said on Monday. In October last year, 38 companies had filed applications with proposed investments of Rs 4,121 crore under the scheme in the third round. "In the third round of the online application window of the PLI scheme , a total of 38 applications were received. After reviewing these applications, the government has provisionally selected 18 new companies. These companies include 10 manufacturers of components of Air Conditioners and 8 manufacturers of LED Lights, with committed investment of Rs 2,299 crore," the commerce and industry ministry said. In addition, it said, six existing PLI beneficiaries have been provisionally selected to upgrade to higher investment categories, committing an additional investment of Rs 1,217 ...

Daikin partners with Taiwan's Rechi Precision for compressor JV in India

Daikin Industries, Osaka, a Japan-based global manufacturer of air conditioning and refrigeration systems, will set up a joint venture with Taiwan's Rechi Precision to manufacture compressors in India at Sri City, Andhra Pradesh. Daikin through its local subsidiary, Daikin Airconditioning India and Rechi Precision, announced setting up a JV to "manufacture, design and sale rotary compressors for inverter & non-inverter ACs in India and some overseas markets, according to a joint statement. Though the company has not announced the investment, it said Daikin will be the majority partner in the JV. According to industry insiders, around Rs 1,000 crore will be invested in the JV in the next 5-6 years. "The joint venture is expected to become operational by the 4th quarter of FY24-25. The manufacturing facility shall be established at Sri City, Andhra Pradesh," it said. Established in 1989 in Taiwan, Rechi Precision is a global leader in the manufacturing of rotary compressors, motors

Daikin, world's no 1 air-conditioner maker, to expand capacity in India

With its rising middle class, India is one of the world's fastest-growing markets for air conditioners, set to surpass the US to become the second-largest behind China by 2036, according to IEA

Confident of doubling sales by 2025: Danfoss India Prez Ravichandran

Danfoss India, a leader in heating, ventilation and air-conditioning, is witnessing robust growth in the domestic market and is confident of doubling sales by 2025, a top official has said. The subsidiary of the Denmark-headquartered company said the Indian market is the fastest-growing region for the Danfoss Group with strong double digit growth in H1 driven by increasing opportunities in energy efficiency and electrification. Danfoss Group's sales amounted to Euro 5 billion and a half-year EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) of EURO 533 million corresponding to an EBITDA margin of 10.6 per cent, as against 12.4 per cent last year. Driven by the rapid expansion of data centres and commercial buildings, Danfoss India is experiencing robust growth. The government's strong push towards de-carbonisation, coupled with initiatives like the Production-Linked Incentive (PLI) schemes, is further fuelling the growth momentum, Danfoss India said in a compan