HVAC leaders share tips with developers

2024-08-27

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...

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Tags :
HVAC CW HVAC&R industry India National Cooling Plan production-linked incentive Mihir Sanghavi Auro Group ISHRAE OEMs MSMEs Vishal Kapur National Treasurer and Chair Contractor Forum RATA GST Ajit Panicker Nova HVAC Systems Pureblu Technologies substandard refrigerant management Modern indoor air quality digitisation decarbonisation processes

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