logo
#

Latest news with #Havells

Goldman Sachs trims Q1 estimates on EMS, durables; turns positive on C&W
Goldman Sachs trims Q1 estimates on EMS, durables; turns positive on C&W

Business Standard

time11 hours ago

  • Business
  • Business Standard

Goldman Sachs trims Q1 estimates on EMS, durables; turns positive on C&W

Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger fundamentals and growth visibility. Tanmay Tiwary New Delhi Listen to This Article Goldman Sachs on India Industrials: Goldman Sachs has cut earnings estimates for Electronics Manufacturing Services (EMS) and consumer durables companies for June quarter of financial year 2026 (Q1FY26) amid weak summer product sales and margin headwinds, while raising projections for cable and wire (C&W) players on better volume growth. That said, the New York-based brokerage expects a mixed June quarter earnings season for India's industrial space, with divergent trends across electricals, durables, EMS, and cables and wires. Reflecting upon these divergent trends, Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger

Top 5 desert air coolers of June 2025 that are built for instant cooling: Picks from Crompton, Havells and more
Top 5 desert air coolers of June 2025 that are built for instant cooling: Picks from Crompton, Havells and more

Hindustan Times

time6 days ago

  • Hindustan Times

Top 5 desert air coolers of June 2025 that are built for instant cooling: Picks from Crompton, Havells and more

If you've been sweating it out at home, struggling to find relief from the rising temperatures, it's time to bring home a powerful desert air cooler that delivers instant cooling, without the high electricity bills of an AC. Designed for larger spaces and dry climates, desert air coolers are the go-to solution for tackling scorching summer days. If you are in search of high airflow, longer runtime or smart features, we've handpicked the top 5 desert air coolers of June 2025 that are truly built for the heat. From trusted brands like Crompton, Havells, and more, these coolers promise heavy-duty performance, better air throw, and advanced features like honeycomb pads, auto-fill options, and inverter compatibility. If you're searching for the best desert air cooler in June 2025, Crompton Ozone 88 is built to deliver powerful performance in peak heat. With a massive 88L tank, high air delivery rate, and inverter compatibility, this cooler is ideal for large rooms. It's built for long hours of use, even during power cuts. Easy to maintain and highly efficient, this model stands tall in our Top 5 desert air coolers of June 2025 for home and commercial use. Great for large rooms (up to 490 sq. ft.) Delivers consistent cooling even during power outages No empty tank alarm Slightly bulky for small apartments Crompton Ozone 88 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | 4-Way Air Deflection | High Density Honeycomb Pads | Everlast Pump | Auto Fill What are buyers saying on Amazon? Buyers find it effective for small rooms but report mixed feedback on noise, airflow, pump issues, and a foul smell. Why choose this product? You should choose this product because it cools large spaces fast, runs on an inverter, and needs less water refilling. Ideal for smaller rooms, the Bajaj PX97 Torque stands out in the Top 5 desert air coolers of June 2025 thanks to its compact build and efficient performance. It offers a 30-ft air throw, 36L tank, and inverter compatibility for uninterrupted cooling. The anti-bacterial Hexacool pads keep airflow clean and hygienic, while its castor wheels make it easy to move around the house. If you're searching for a cooler for rooms, this Bajaj model is worth shortlisting. Compact yet powerful with 30-ft air throw Anti-bacterial pads for cleaner air Limited coverage (best for up to 200 sq. ft.) No auto-fill feature Bajaj PX97 Torque New 36L Personal Air Cooler For Home | High Speed Fan | 30Ft Powerful Air Throw | Inverter Compatible | Cooler For Room | 3 Yrs (1 Yr Standard + 2 Yrs Extended) Warranty【White】 What are buyers saying on Amazon? Buyers share mixed views on cooling, size, noise, and airflow. Durability is a concern, with frequent complaints about broken wheels. Why choose this product? You should choose this product because it offers clean cooling, good mobility, and solid value in a compact design. Built for spacious rooms, the Crompton Optimus 65 is among the Top 5 desert air coolers of June 2025 for powerful cooling. It boasts a 5500 CMH airflow, 4-way deflection, and a high-density honeycomb system that ensures consistent cooling. With a 65L tank, large ice chamber, and inverter compatibility, it works well even during power cuts. This cooler for rooms air cooler is an efficient pick for larger areas and dry heat zones. Strong airflow, ideal for larger spaces Inverter compatibility ensures cooling during outages Slightly bulky for small rooms No empty tank alarm Crompton Optimus 65 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | High Density Honeycomb Pads | Everlast Pump | Humidity Control What are buyers saying on Amazon? Buyers appreciate the cooling, honeycomb pads, and airflow, but some report pump issues and mixed views on value for money. Why choose this product? You should choose this product because it delivers strong airflow and consistent cooling for large rooms, even during power cuts. If you're looking for a powerful cooling solution for large rooms, this model makes it to the Top 5 desert air coolers of June 2025. With a high-speed fan, 90-feet air throw, and antibacterial Hexacool pads, it's built to take on extreme heat. This desert air cooler for home is inverter compatible and ideal for areas up to 650 sq. ft. Bajaj's 3-year warranty adds solid after-sales confidence, making it a strong contender in the best desert air cooler in June 2025. Excellent air coverage for large rooms Extended 3-year warranty Slightly heavier to move around Price is on the higher side compared to similar capacity coolers Bajaj DMH90 Neo 90L Desert Air Cooler For Home | For Larger Room | Big Ice Chamber | High-Speed | Invertor Compatible | 90Ft Air Throw | 3 Yrs Warranty (1 Yr Standard + 2 Yrs Extended Warranty)【White】 What are buyers saying on Amazon? Buyers praise cooling, airflow, and build quality, but report mixed feedback on noise, pump reliability, and the small ice box size. Why choose this product? You should choose this product because it combines strong air throw, durability, and smart cooling for large living spaces. The Livpure Koolbliss 65L is a stylish and performance-oriented desert air cooler perfect for midsize rooms. Its antibacterial honeycomb pads ensure cleaner airflow, while the big ice chamber adds an extra punch of cooling during extreme heat. With inverter compatibility and a 190W motor protected by thermal overload tech, it stands out as a durable and efficient pick. If you're shortlisting best desert air coolers in June 2025, this one deserves a place. Ice chamber and antibacterial pads enhance hygiene and cooling Thermal overload motor protection for longer life Suitable for rooms up to 300 sq. ft. only Doesn't include a remote control Livpure Koolbliss Desert Air Cooler - 65 L |190W Motor with Thermal Overload Protection | Big Ice Chamber | Antibacterial Honeycomb Pads | Inverter Compatibility | 2 Years Warranty on Motor | What are buyers saying on Amazon? Buyers like the cooling, airflow, and 65L capacity but report mixed feedback on noise, build, swing motor issues, and plastic quality. Why choose this product? Ideal for homes and commercial settings, this cooler brings powerful cooling, smart protection features, and easy portability, making it a practical pick in the mid-range segment. Desert coolers are energy-efficient and typically consume between 150 to 250 watts per hour, which is far lower than air conditioners. Even if used for 10 hours daily, they won't cause a major spike in your electricity bill. Many new models are inverter-compatible, further cutting down operational costs. So, if you want cooling without worrying about power usage, desert coolers are a smart choice, especially for long summer months. It depends on the cooler's tank capacity and how long it runs. Most desert air coolers come with large tanks (50–100 litres) and can last 8 to 12 hours on a full fill. Some models also offer auto-fill features for hassle-free refilling. If you live in a dry area and run the cooler all day, you may need to refill once or twice daily. For best performance, always ensure the water level is maintained. No, desert air coolers require proper ventilation to work effectively. They cool by evaporating water into the air, which adds humidity to the room. If used in a closed room, the humidity builds up and reduces cooling efficiency. Always keep a door or window slightly open to allow hot air to escape and fresh air to circulate. This ensures faster, better cooling and prevents dampness indoors. 5 desert air coolers June 2025 Tank capacity Air delivery Special feature Similar stories for you Best air coolers for bedrooms: Top coolers with powerful cooling, smart tech and silent operation Best personal air cooler offers: Editor recommends top 8 options from Symphony, Bajaj and more Price drop on air coolers!! Amazon summer sale brings up to 60% off on models from Crompton, Symphony, Bajaj and more Best air coolers for large rooms in 2025: Top 10 high capacity coolers for efficient cooling in big Indian homes A desert air cooler is a high-capacity cooling device designed for large spaces and dry climates. It uses large fans and thicker cooling pads to deliver strong airflow and better cooling compared to personal or tower coolers. Yes, desert coolers are designed to cool spaces between 150–500 sq. ft., depending on the airflow and room ventilation. Some models offer auto-fill features that connect directly to a water source, but most can be filled manually too. Ideally, clean the tank once a week and the cooling pads every 2–3 weeks during heavy usage to avoid mould and ensure hygiene. You don't need a stabiliser. But if you face frequent power cuts, choose an inverter-compatible model to keep the cooling going. Disclaimer: At Hindustan Times, we help you stay up-to-date with the latest trends and products. Hindustan Times has an affiliate partnership, so we may get a part of the revenue when you make a purchase. We shall not be liable for any claim under applicable laws, including but not limited to the Consumer Protection Act, 2019, with respect to the products. The products listed in this article are in no particular order of priority.

Best remote controlled fans for bedrooms, living rooms, and large spaces: Top 10 picks for every room
Best remote controlled fans for bedrooms, living rooms, and large spaces: Top 10 picks for every room

Mint

time12-06-2025

  • Mint

Best remote controlled fans for bedrooms, living rooms, and large spaces: Top 10 picks for every room

Remote controlled fans are useful in everyday spaces. They allow you to change speed or turn the fan on and off without moving from where you are. This can be helpful while resting, working, or watching TV. Product Rating Price Best remote control fan atomberg Renesa Enzel 1200mm BLDC Ceiling Fan with Remote Control | 5 star Rated Energy Efficient Fan | High Air Delivery with LED Indicators| 3 Year Warranty (Honey Maplewood)-Newly Launched in 2025 View Details 1200mm aeroquiet fan Orient Electric Aeroquiet 1200 mm Noiseless Premium Ceiling Fan for Home | 18-pole strong motor |2 Years Warranty by Orient |White, Pack of 1 View Details BLDC remote control fan POLYCAB Wizzy Neo LED 1200mm 5-Star BLDC, Remote Ceiling fan for Living Room | 8 Purple LED Speed Indicator | 55% Energy Saving, High Air Delivery, 25 Speed Control | 4-yr Warranty【White Rose Gold】 View Details Affordable fan Havells 1200mm Elio BLDC Ceiling Fan | Remote Controlled, High Air Delivery Fan | 5 Star Rated, Upto 60% Energy Saving, 2+1* Year Warranty | (Pack of 1, Elegant White) View Details smart remote fan KUHL Galaxis G6 1400MM Stylish Power Saving BLDC Ceiling Fan with Remote | Down Light | 32W | 5 Star | IoT – Operate via Mobile & Alexa | Reverse Mode | Free Installation | Brown View Details View More This list includes some of the best remote controlled fans for bedrooms, living rooms, and larger areas. They come with basic features like speed settings, timers, and quiet operation. Each one is suited to different room sizes and needs, giving you more control over comfort at home. If you're looking for something simple that does the job and is easy to use, these fans are worth considering. This ceiling fan offers smooth air delivery and simple control through a remote. It supports multiple speed levels and timer settings, making it suitable for daily use in bedrooms or shared spaces. The BLDC motor uses less power, while LED indicators display the selected speed clearly. With its quiet operation and useful features, it fits well in homes looking for the best remote controlled fans without added effort. Control Remote (Speed + Timer) Special Features Energy Efficient BLDC Motor with Remote, Low noise, LED Speed Indicator Low power usage with BLDC motor Clear LED speed indicators Quiet at low and mid speeds No reverse rotation feature Gloss finish may not suit all interiors What are buyers saying on Amazon? Stable fan with low noise and helpful remote. It suits those who want steady air with simple controls. Built for homes that need quiet air movement, this fan comes with a strong 18-pole motor and a wide sweep for steady airflow. It works well in rooms where calm and low sound levels matter. Its simple three speed control and stable design make it easy to use daily. For anyone comparing the best remote controlled fans with quieter operation, this one stands out for how it balances airflow and sound. Motor 18-pole strong motor Build High-grade ABS blades Quiet operation suited for bedrooms Sturdy ABS blades for long-term use No remote control included Speed control through wall regulator only What are buyers saying on Amazon? Runs quietly and gives steady air without wobble. Its simple three-speed control keeps usage easy day to day. This fan runs on a 5 star rated BLDC motor and offers 25 speed levels controlled via remote. It includes eight purple LED indicators to show current speed clearly and works well in both large and mid-sized rooms. While it has 25 speeds, most people use it on low, medium or high. This puts it in the same practical group as some of the best remote controlled fans for daily comfort and low power use. Control Remote with 25-speed levels LED 8 purple speed indicators Comes with remote and 25-speed control LED speed display is easy to read Design may not match all rooms LED lights stay on while fan is running What are buyers saying on Amazon? Runs quietly and the remote is easy to use. The remote and LED indicators make daily use clear and simple. Not every fan needs to be flashy to get the job done. This one fits right into everyday life with quiet operation, simple remote control, and steady airflow that does not draw attention. It works best across the usual low, medium and high settings. If you're considering the best remote controlled fan for daily use at home, this is one that keeps things simple and steady. Control Remote (3-speed usable range) Remote control included Runs quietly at all speed levels Low power draw from BLDC motor No light indicator for speed Speed steps beyond 3 not commonly used What are buyers saying on Amazon? Easy to install and works quietly throughout the day. It supports quiet daily use with a simple remote layout. Built with a 1400mm sweep and IoT support, the Kuhl Galaxis G6 can be controlled through a remote, smartphone app or Alexa. It also includes a downlight and reverse mode, making it useful throughout the year. Most users tend to use the standard low, medium and high speeds, which puts this model in line with the best remote controlled fans that keep air circulation simple while still offering more when needed. Control Remote and IoT (mobile + Alexa) Special Features Remote Controlled, Wi-Fi Enabled Remote, mobile and voice control Reverse mode included Includes soft downlight May be too large for smaller rooms Downlight brightness is not adjustable What are buyers saying on Amazon? Smart features work well and the fan runs smoothly. It suits users looking for wider room coverage and voice control. Crompton's Energion Nucleoid is built for daily use with a 5 star rated BLDC motor and simple remote operation. It offers quiet running and stable airflow, making it well-suited for bedrooms, studies or living rooms. While it offers a wide range of speed control, most users stick to the core three. That's what makes it comparable to the best remote controlled fans for everyday use—steady, uncomplicated and easy to live with. Remote Yes, with speed and timer control Special Features Energy Efficient (ActivBLDC Technology) Low power use with consistent airflow Quiet operation for home use No speed indicator lights Does not include smart or IoT features What are buyers saying on Amazon? Fan runs quietly and is easy to manage with the remote. Main speeds cover most needs without added steps. Renesa Enzel balances design with daily use, offering steady airflow through a 5 star rated BLDC motor. The remote adds simple control over speed and timer settings, and LED indicators show the selected level clearly. Many prefer its main three speeds for daily use, placing it among the best remote controlled fans that are built for quiet, simple operation across different rooms without adding extra layers to setup or use. Control Remote (speed + timer) Airflow Consistent delivery Special Features Energy Efficient BLDC Motor with Remote, Low noise, LED Speed Indicator Low power usage with BLDC motor Speed control through remote Clear LED indicators No app or voice control features LED lights may stay on when fan is running What are buyers saying on Amazon? Quiet fan with good remote response and steady speed control. It fits well into homes that need quiet cooling with remote access. The I Tome Pro from Orient is built for homes that need quiet, steady air without extra settings to manage. It comes with a remote, LED indicators, and a 5 star rated motor for lower power use day after day. Its simple operation and dependable airflow make it a right choice for users comparing the best remote controlled fans that work without drawing attention or needing frequent adjustments. Control Remote (speed + timer) LED Speed indicator lights Includes remote with timer function Low power usage with stable airflow LED indicators show speed clearly No app or smart voice features LED indicators may remain lit while fan is on What are buyers saying on Amazon? Smooth operation with easy remote access and good speed range. Daily use is simple with the main speeds and clear remote layout. Creta P1 features a standard 3-blade setup with anti-dust coating and remote control support, making it useful in spaces where easy maintenance and day-to-day operation matter. The remote allows for quick speed changes without getting up. If you're browsing through the best remote controlled fans with simple functions and dependable air delivery, this one fits the need without overcomplicating the controls or requiring extra setup. Control Remote (speed levels) Dust protection Anti-dust coating Special Feature Lightweight Remote allows easy control from a distance Anti-dust blades help reduce cleaning Blends with home interiors No BLDC motor No LED indicators or smart control What are buyers saying on Amazon? Simple fan that works as expected and is easy to manage. Speed control is handled easily with no extra layers. Wizzy Neo brings multiple settings in a clean layout, offering 7 speed modes, sleep mode, and reverse rotation. It includes a 100% copper motor, BLDC tech, and remote support that makes room cooling easier to manage. For buyers comparing the best remote controlled fans, this one checks the basics and goes slightly beyond by giving more control without turning it into a tech-heavy experience. Motor 100% copper BLDC, 5-star rated Controls Remote with sleep and boost mode Special Feature Remote control Multiple speed levels with reverse feature Sleep and boost modes included No app or voice control Not ideal for very large rooms What are buyers saying on Amazon? Good speed variation and quiet operation at night. Suits homes that want more speed settings without smart app layers. If you prefer not to get up every time you want to change the speed or turn the fan off, a remote-controlled fan can be useful. It's especially helpful at night or for people who want simple control without moving around. While it doesn't change how the fan moves air, it adds daily convenience. BLDC motors are known for using less power and running quietly. If you use your fan for long hours every day, this can help reduce electricity bills. It's a practical feature for people looking for something long-lasting and steady. Smart features like app support or voice control can be useful if you already use Alexa or Google Assistant. They allow control without even using a remote. But for most people, a remote is simple and enough. Go for smart tech only if it fits into your daily routine. LED indicators show which speed level or timer setting is active. In bright rooms or shared spaces, they're helpful. Some users find them too bright at night, especially in bedrooms. If you prefer total darkness while sleeping, look for models without lights. Room size : Match the fan's sweep size (usually 1200mm for standard rooms) to the space for proper air circulation. : Match the fan's sweep size (usually 1200mm for standard rooms) to the space for proper air circulation. Speed settings : Check if it offers basic 3-speed or more advanced multi-speed options for better control. : Check if it offers basic 3-speed or more advanced multi-speed options for better control. Motor type : BLDC motors are quieter and use less power than regular ones, ideal for long-term use. : BLDC motors are quieter and use less power than regular ones, ideal for long-term use. Remote functions : Look for essential features like speed control, timer, sleep mode, and power on/off. : Look for essential features like speed control, timer, sleep mode, and power on/off. Noise level : Choose a fan that runs quietly, especially if it's for bedrooms or study areas. : Choose a fan that runs quietly, especially if it's for bedrooms or study areas. Build quality : Consider material and finish, especially if you care about how it fits into your interior. : Consider material and finish, especially if you care about how it fits into your interior. LED indicators : Useful for knowing the speed setting but can be distracting in dark rooms. : Useful for knowing the speed setting but can be distracting in dark rooms. Reverse rotation: Helpful in colder months to circulate warm air, though not essential for all users. Best Remote Controlled Fans Motor Speed Modes Special Features atomberg Renesa Enzel 1200mm BLDC Ceiling Fan BLDC 3 Remote control, LED indicators, 5-star rated, high air delivery Orient Electric Aeroquiet 1200mm Noiseless Premium Ceiling Fan Standard 3 Low noise, 18-pole motor, designed for quiet airflow Polycab Wizzy Neo LED 1200mm 5-Star BLDC Remote Ceiling Fan BLDC 25 8 LED speed indicators, remote, sleep & reverse mode, 4-year warranty Havells 1200mm Elio BLDC Ceiling Remote Controlled Fan BLDC 3 Remote control, high air delivery, 5-star rated, 2+1 year warranty KUHL Galaxis G6 1400mm BLDC Ceiling Fan with Remote BLDC Multiple Down light, IoT-enabled, reverse mode, Alexa/mobile app control, 5-star rated Crompton Energion Nucleoid 1200mm BLDC Ceiling Fan BLDC Multiple Remote control, 5-star rated, high air delivery, 4-year warranty Atomberg Renesa Enzel 1200mm BLDC Ceiling Fan (Misty Teal) BLDC 3 Remote control, LED indicators, high air delivery, 3-year warranty Orient Electric I Tome Pro 1200mm BLDC Ceiling Fan with Remote BLDC 3 Remote control, LED indicator lights, 5-star rated, high air delivery Longway Creta P1 1200mm Remote Controlled Ceiling Fan Standard 3 Anti-dust blades, remote control, decorative finish Polycab Wizzy Neo 1200mm 5-Star BLDC Remote Ceiling Fan (Black Silver) BLDC 7 Sleep mode, reverse mode, copper motor, boost tech, 4-year warranty Disclaimer: Mint has an affiliate marketing partnership, which means we may get some commission on purchases you make through the retailer sites links provided. These partnerships do not influence our editorial content, which is free from any bias or marketing pitch. We strive to provide accurate and unbiased information to help you make informed decisions. We recommend verifying details with the retailer before making a purchase.

Udyami Mitras helping UP achieve 1$ trillion economy goal, says Yogi
Udyami Mitras helping UP achieve 1$ trillion economy goal, says Yogi

Time of India

time01-06-2025

  • Business
  • Time of India

Udyami Mitras helping UP achieve 1$ trillion economy goal, says Yogi

Lucknow: Emphasising on the importance of the 'Udyami Mitras', an arm of the industries department who act as the primary face to generate investments in the state, Yogi Adityanath said that acting as the backbone, they are helping the state to achieve the USD 1 trillion economy goal. Revealing more details, a senior officer from the industries department said that Havells is investing Rs 879 crore to establish a research and development centre in Noida, set to become operational by 2026 — an achievement made possible through timely support from Udyami Mitras in resolving process-related challenges. Similarly, the Sharda Group's Rs 600 crore health city in Agra is progressing smoothly, aided by prompt regulatory approvals facilitated by the dedicated professionals. In Prayagraj, JK Cement's Rs 400 crore project faced issues related to land mutation and road connectivity has been facilitated. In the case of Indraprastha Gas Limited (IGL) project in Fatehpur, a delay in setting up an 11 KVa powerline was also resolved. Under Invest UP, the independent team of Udyami Mitras accurately updated data pertaining to fourth edition of the groundbreaking ceremony and are actively looking for investors willing to participate and invest in the fifth edition. Regular meetings are held with investors through the Udyog Bandhu platform to maintain communication. The team also completed tasks like industry pilot surveys, EV station surveys and land site visits within the deadlines.

Govt sets a cool exports target for AC makers
Govt sets a cool exports target for AC makers

Time of India

time29-05-2025

  • Business
  • Time of India

Govt sets a cool exports target for AC makers

Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Kolkata: The government has asked air-conditioner manufacturers to push exports on a much larger scale because the boost to the industry via the production linked incentive (PLI) scheme for white goods such as AC and LED lights has not reflected in shipments to foreign of commerce and industry Piyush Goyal discussed this in a meeting with senior industry executives earlier this month, people aware of the development government is of the view that the category has huge potential to grow India's electronics export value after wants India to export 15-16 million units in the next four years and compete with China and Thailand which have emerged as big export hubs, industry executives said. At present, India exports around 2 million units. In contrast, China exported 85 million units of ACs in 2024, worth $26 billion, while Thailand exported 19 million units and generated over $7 billion in revenue, as per Chinese AC industry body and media per commerce ministry data, India exported ACs worth ₹3,683 crore ($435 million) in 2024-25, which grew 32% year-on-year (yoy). In contrast, India's smartphone exports in 2024-25 rose 55% yoy to $24.1 who have applied for AC PLI include LG Electronics Voltas , Daikin, Blue Star , Amber, Johnson Hitachi, Panasonic , Haier, Midea and Havells The industry has been asked to prepare a list of support initiatives it might require to start exports other than the existing PLI scheme."The government wants manufacturers, especially PLI beneficiaries, to export ACs which has not started in a big way as it was difficult to compete with the Chinese in pricing and scale," said Pradeep Bakshi, managing director at Voltas, the Tata-owned AC manufacturer. "But there is a renewed push from the government who wants to know from the manufacturers the disabilities in exports," he government has also asked the industry to prepare a report on the disabilities in AC exports to be submitted in June."We have been discussing the project with the government," said Jasbir Singh, chief executive officer of Amber Enterprises , India's largest AC contract manufacturer."After China, Thailand too has become a big exporter of ACs in the last five years," said the government announced the PLI scheme for white goods in 2021, it had estimated AC and LED light exports worth ₹64,400 crore by 2026. While some companies are exporting LED lights, exports of ACs are still relatively small with companies like Blue Star, Daikin, Havells and Voltas exporting in small quantities, some to the Cellular and Electronics Association (ICEA) chairman Pankaj Mohindroo said after mobile phones, AC is a category with huge exports potential. "And like mobile phones, PLI has a significant impact on the evolution of the local manufacturing ecosystem," he is setting up an AC export task force with the Refrigeration and Air-conditioning Manufacturers Association to draw a roadmap and monitor its execution.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store