Air Conditioner

LG starts manufacturing dual inverter air conditioner compressors in India

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

Will make India our manufacturing hub, triple our exports by 2025: Daikin

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

Import dependency for AC compressors may fall to 15% by 2027-28

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

The EcoFlow Wave portable air conditioner is the perfect way to keep your RV cool on the road

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Lower margins weigh on Havells' Q1 performance as input, staff costs surge

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

LG first in India to sell over 1 mn dual-inverter ACs in six months

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.

Voltas signs JV pact with Highly International to manufacture compressors

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

Air coolers to beat the heat and maintain room freshness wherever you are

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

Margin pressures may cap upsides for Voltas; Dec quarter show mixed

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

Daikin to set up Rs 1,000-crore AC manufacturing plant in Andhra Pradesh

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

Cruise Outshines as a Leading Manufacturer of ACs with its Advanced Technology

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Tips to help you buy the right AC for the house and keep cool this summer

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

Voltas pre-tax profit drops 58% in June quarter; revenue plunges 51%

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

Shutting up ain't good for health

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

Climate change: 4.8 bn cooling equipments to be sold in 11 yrs, says study

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

Analysts positive on Voltas despite slowdown, see growth in projects, ACs

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

Power Ministry considers making 24 degrees as default setting in ACs

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

Shed this mind-conditioning

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

Brands ride the heat wave

AC makers get creative with their advertising

ACs to cost more in April as input costs increase: Blue Star

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