Could you brief us about Tecumseh Products Company’s operations in India?
Tecumseh Products Company is a global manufacturer of compressors and related products for the commercial refrigeration and speciality air conditioning industry. The company has a presence in India since 1997 through its subsidiary, Tecumseh Products India Pvt Ltd (TPI).

TPI has two manufacturing facilities in India, located in Hyderabad and Ballabgarh. The company produces a range of products, including hermetic compressors, condensing units, and refrigeration systems for various applications such as commercial refrigeration, speciality air conditioning, and transport refrigeration. Tecumseh's products are used in several key industries in India, including food and beverage, pharmaceuticals, hospitality, retail. The company also serves the electric vehicle industry, supplying system and compressors for liquid cooling, last mile refrigeration solutions for EV’s etc.

TPI also exports its products to other countries, including the Middle East, Africa, and Southeast Asia. The company has a strong reputation for quality and reliability, and its products are well-regarded in the industry.

Recently at Acrex India 2023, Tecumseh unveiled new TC Series Compressors with R-290. What is the significance of this for the company and its customers?
The launch of the new TC Series Compressors with R-290 at Acrex India 2023 is significant for Tecumseh Products Company and its customers for several reasons.

Firstly, R-290 (propane) is a natural refrigerant with a low global warming potential (GWP) and high energy efficiency. As the industry moves towards more sustainable and environment-friendly refrigerants, the use of R-290 is becoming increasingly popular. By offering compressors that are compatible with R-290, Tecumseh is positioning itself as a leader in sustainable refrigeration technology.

Secondly, the new TC compressor models are designed to operate in voltage and high ambient conditions in India. Its compact size and quiet operation make it an ideal solution for small to medium-sized commercial refrigeration systems, such as deep freezers and bottle coolers. By expanding its product offerings in this segment, Tecumseh is catering to the growing demand for energy-efficient and sustainable refrigeration solutions in these industries.

Finally, the launch of the TC Series Compressors with R-290 at Acrex India 2023 demonstrates Tecumseh's commitment to innovation and product development. By introducing new and advanced products, Tecumseh is strengthening its position in the market and staying ahead of the competition.

Overall, the launch of the TC Series Compressors with R-290 at Acrex India 2023 is significant for Tecumseh Products Company and its customers, as it offers a sustainable and energy- efficient solution for commercial refrigeration applications.

As one of the leading suppliers of commercial refrigeration, how do you analyse the market at present in India?
As one of the leading suppliers of commercial refrigeration solutions in India, TPI is well- positioned to offer insights into the current state of the market in the country. In recent years, the Indian commercial refrigeration market has been growing at a steady pace, driven by several key factors. One of the primary drivers of growth is the increasing demand for refrigeration and cooling solutions across various industries, including food and beverage, pharmaceuticals, hospitality, and retail. The growth in these sectors is creating a significant demand for refrigeration and air conditioning solutions, including condensing units, compressors, and other components.

Another key growth driver is the increasing focus on energy efficiency and sustainability. As awareness of environmental issues grows, businesses are seeking out solutions that are both cost-effective and environment-friendly. In response, manufacturers like TPI are developing products that use natural refrigerants and are designed to minimise energy consumption and carbon emissions.

The government of India has also implemented several initiatives to support the growth of the commercial refrigeration industry, including investment in infrastructure and the promotion of smart cities. These initiatives are creating new opportunities for businesses and driving demand for commercial refrigeration solutions.

In summary, the commercial refrigeration market in India is experiencing steady growth, driven by factors such as increasing demand from key industries, a focus on sustainability and energy efficiency, and government initiatives to support infrastructure and urban development. As a leading supplier of commercial refrigeration solutions in the country, TPI is well-positioned to benefit from these trends and meet the evolving needs of its customers.

What are key challenges before the end-user industries at present? How is Tecumseh helping them solve some of these challenges?
The end-user industries that rely on commercial refrigeration solutions face several key challenges, including:

Overall, TPI is helping end-user industries to overcome key challenges through its commitment to innovation, sustainability, and quality. By offering energy-efficient, reliable, and cost-effective refrigeration solutions, Tecumseh is helping businesses to meet their goals and grow in a sustainable and responsible way.

What kind of new opportunities is Tecumseh exploring in India?
TPI is exploring several new opportunities in India related to the EV industry, R-290 refrigerants, new packaged condensing units, and semi-hermetic condensing units. Here are some of the specific opportunities the company is pursuing:

Overall, TPI is committed to exploring new opportunities and expanding its presence in India across a range of industries and applications. By focusing on innovation, sustainability, and quality, the company is well-positioned to capitalise on emerging trends and drive growth in the years ahead.

India is investing heavily in infrastructure, railways/metros, renewable energy, EVs, etc. Is it leading to increase in demand for Tecumseh’s products & solutions?
Yes, India's investments in infrastructure, railways/metros, renewable energy, electric vehicles, and other emerging sectors are leading to an increase in demand for Tecumseh's products and solutions.

As the country's economy continues to grow and modernise, there is a greater need for reliable and energy-efficient refrigeration solutions across a range of applications. For example, the expansion of the cold chain infrastructure in India to support the food and beverage industry requires high-quality refrigeration systems that can maintain precise temperatures and meet strict regulatory requirements.

Similarly, the growth of the electric vehicle industry in India is creating new opportunities for Tecumseh to provide cooling solutions for electric vehicle batteries and other components. As the demand for electric vehicles continues to rise, there will be an increasing need for innovative and efficient cooling systems to keep these vehicles operating at peak performance.

Furthermore, with the emphasis on sustainable development and the use of natural refrigerants, there is a growing demand for Tecumseh's R-290 compressors and other solutions that use environment-friendly refrigerants.

Overall, India's investments in infrastructure, railways/metros, renewable energy, electric vehicles, and other sectors are driving demand for Tecumseh's products and solutions. The company is well-positioned to capitalise on these trends by continuing to innovate and develop new products that meet the specific needs of its customers in India and around the world.

What are the emerging trends in the compressors industry?
The compressors industry is seeing several emerging trends that are shaping the future of the industry. Here are some of the key trends:

Overall, the compressors industry is undergoing significant changes as it adapts to new technologies and shifting market demands. By focusing on energy efficiency, natural refrigerants, connectivity, digitalisation, customisation, and flexibility, manufacturers can stay ahead of these emerging trends and meet the evolving needs of their customers.

What are your long and short-term growth plans for your company in India?
At Tecumseh we strongly believe that sustainability and energy efficiency are key elements that will drive evolution of opportunities in India. Hence, we are going to roll out products predominantly that will be working with natural refrigerants and coupled with variable speed technologies. Also, with rapid growth in EV segments, Tecumseh under Masterflux brand will roll out products suitable of vehicle climate control and last mile refrigeration needs of the market.