Air Conditioner

South Korean consumer durables maker LG Electronics on Monday said it has started manufacturing Dual Inverter Air Conditioner Compressors at its plant in Greater Nodia. LG Electronics India, which is among the leading players in the residential air-conditioning market here, has invested around Rs 100 crore in the new facility in Uttar Pradesh. The new line has a capacity to roll out one million units per year, the company said. According to the company, it has 'become the first brand to manufacture its own Dual Inverter Air Conditioner compressor in India". Hyunjin Lee, Manufacturing MD of LG Electronics India, said this continuous expansion is a step towards making self-reliant India a reality. LG Electronics aims to make India a powerful manufacturing hub. "We have invested approximately Rs 100 crore in setting up this Air Conditioner Compressor manufacturing line and are continuously working towards strengthening our local operations," he added. In January, LG Electronics Indi

In India, Daikin will begin a new plant in August, and it will manufacture air conditioners and compressors

Domestic manufacturing from month-end under PLI scheme to lower dependence from 85%

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Even as the trend is seen continuing in Q2 before reversing in the second half, analysts are positive on the company

LG Electronics on Monday said it has become the first and only company to sell over 10 lakh dual-inverter air conditioners in India in the six-month period in the first half of the year.

The Tata group firm has executed the joint venture agreement on April 30, 2022 with Hong Kong-based Highly International

Not only are air coolers cheaper than ACs, but also more energy efficient and easier to maintain. Some varieties are portable and most enable user mobility as well

After two dismal seasons, the sector is hoping for a recovery this year

First firm to acquire land for a new factory under the PLI scheme for white goods

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Never buy in a hurry, especially with so many brands out there. Check out key features such as humidity control, air purification, and heating ability during winters

Its operating revenue plunged 51 per cent to Rs 1,297 crores from Rs 2,654 crores last year

Normally, cutting off conversation has its benefits, but not all the time, writes Kishore Singh

Domestic and residential cooling accounts for more than 60 per cent of overall demand placing the onus on real estate developers and households

While the company's projects segment is expected to perform better, a strong Q1 and moves to clear inventory are positives for room air-conditioner business

The temperatures settings in ACs will be in the range of 24 to 26 degree Celsius, it said

In non-AC conditions, comfort temperatures are up to 34.4°C, while in AC conditions they are as low as 25°C

AC makers get creative with their advertising

Price hike to dampen sales across market, consumers may opt for lower star models