HVAC leaders share tips with developers
Technology

HVAC leaders share tips with developers

Tagged a ‘sunrise’ sector, the HVAC&R industry is poised to grow eightfold in the next two decades, according to the India National Cooling Plan. Growing demand from the real-estate sector and the Government’s focus on domestic manufacturing to lower dependence on imports are behind this expansion.

Production concerns

Among the slew of measures introduced to spur domestic manufacturing, a production-linked incentive (PLI) scheme has shown early results, pushing the ratio of domestic value addition from 25 per cent to 45 per cent...

To read the full story, CLICK HERE


Tagged a ‘sunrise’ sector, the HVAC&R industry is poised to grow eightfold in the next two decades, according to the India National Cooling Plan. Growing demand from the real-estate sector and the Government’s focus on domestic manufacturing to lower dependence on imports are behind this expansion.Production concernsAmong the slew of measures introduced to spur domestic manufacturing, a production-linked incentive (PLI) scheme has shown early results, pushing the ratio of domestic value addition from 25 per cent to 45 per cent...To read the full story, CLICK HERE

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