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BorgWarner to supply HV Battery Cooling to German Vehicle Manufacturer
BorgWarner will supply high voltage battery cooling to major German vehicle manufacturers for latest electric vehicles development. The cooling plates optimise battery performance and provide flexibility for multiple vehicle development platforms.Read more
Sterlite Power bags orders worth Rs 3,800 cr, growth up 90% in FY23
Sterlite Power won new orders for Rs. 3,800 crores in first three quarters of FY23. The company made a growth of 90 per cent as compared to FY22 with multiple projects of uprating existing power transmission lines and product orders for conductors and optical ground wire (OPGW).Read more
Danfoss India to focus on localization as it aims for Rs 5,000 cr turnover
To support the digital transformation in the country, the company has added over 1,400 engineers and invested over $300 million in India to capitalise on the rising green opportunities.Read more
Danfoss India aims to double its revenue to Rs 5,000 cr by 2025
Decarbonization & digitalization are also high on the company's agenda. As a part of its 2025 growth strategy, Danfoss India plans to expand its geographic footprint in India, improve localisation of all products from an average of 50 per cent to 80-90 per cent, and explore new hotspots where energy efficiency plays a significant role.Read more
Danfoss India launches green Turbocor compressor at Energy Efficiency Summit 2022
Danfoss India launched the new highly efficient and environmentally friendly Danfoss Turbocor TGS series compressor that can be used with ultra-low GWP refrigerants (Global warming potential) for HVAC (Heating, Ventilation, and Air conditioning) applications.Read more
Godrej Electricals aids India’s digitization growth with data center project
With a vision to build the nation, Godrej & Boyce has executed large-scale commercial, infra and data center projects in India eyeing 2X revenue growth by FY23 from its (Mechanical, Electrical and Public health engineering) businessRead more
Trane Technologies to acquire AL-KO Air Technology
AL-KO Air - which manufactures a full line of sustainable air handling units and extraction systems for a broad range of applications - will bring complementary, high-performing solutions to the comprehensive Trane Commercial HVAC product and services portfolios in Europe and Asia.Read more
Daikin to build Rs 500-cr R&D centre in India
Daikin India – the local arm of Japanese electronics company Daikin - has invested Rs 500 crore to build its third research and development (R&D) centre in India. The facility, located in Neemrama, Rajasthan, will be operational from 2023. Read more
Smart, green features gaining traction in HVAC market
The integration of advanced technologies such as Internet of Things (IoT) and need for eco-friendly features is also offering significant growth opportunities to the Indian HVAC market.Read more
Heat exchangers: Efficiency drives growth
Burgeoning chemical and power sectors, along with the upgradation of conventional heat exchangers with efficient and innovative variants, are driving the market.Read more