KRN HVAC Begins Production at New Rajasthan Plant

02 Jun 2025 CW Team

KRN Heat Exchanger and Refrigeration Limited (BSE: 544263, NSE: KRN) has announced the commencement of commercial production at its new manufacturing facility in Neemrana, Rajasthan. Operated by its wholly owned subsidiary, KRN HVAC Products Pvt. Ltd., the plant began operations on 31 May 2025.

Strategically located at Plot No. SP1-24, RIICO Industrial Area, Kolila Joga, the facility offers strong connectivity to northern India’s industrial hubs and logistics corridors. The new unit is dedicated to the production of heat exchangers and HVAC products, marking a significant capacity expansion in line with the company’s broader growth strategy.

This move is expected to enhance KRN’s manufacturing footprint and allow for improved responsiveness to domestic and global demand. The facility is designed to cater to core sectors including infrastructure, industrial manufacturing, and commercial real estate, while also supporting export-oriented production.

Commenting on the development, Chairman and Managing Director Mr Santosh Kumar stated, “The Neemrana facility is a strategic milestone for KRN HVAC. It will play a vital role in scaling operations, enhancing market presence, and delivering high-efficiency HVAC solutions. This plant represents our commitment to innovation, advanced manufacturing, and customer-centric expansion.”

The new facility positions KRN HVAC as a key contributor to India’s industrial supply chain, reinforcing its role in the evolving HVAC and refrigeration market.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..