Harting
Harting

Do you want to advertise here? Contact us

LMW
LMW

Do you want to advertise here? Contact us

OEM Update
.

HVAC industry to grow by 10-12%

By admin June 25, 2013 1:32 pm

HVAC industry has a huge potential because after a  phase of slowdown, economy is expected to grow and lot of investments will come in infra and commercial space development, feels M. P. Agarwal, Vice President and Business Head, System Air Conditioners, LG Electronics India
HVAC industry is doing reasonably well since air conditioning has become a necessity for the comfort and other applications. In an exclusive interview, M. P. Agarwal talks about the horizons of the HVAC industry and LG’s 4th-generation product.
What are the different products you offer?We have a flagship product called “Multi V”, which is based on variable refrigerant flow system. We are now offering 4th-generation Multi V-IV. It is the most energy-efficient product in its category and the industry. Our complete range of Multi V includes Multi V space which is best suited for high-rise apartments, Multi V with AHU for large commercial spaces, and Multi V with water application.
Other than the comprehensive range of Multi V, LG also offers many quality and innovative products like cassettes, ductable units and roof top units etc.
Could you brief us more about the newly launched Multi V?LG’s newly launched Multi V is the 4th-generation system which is full inverter technology. The unique feature of this product is its COP (4.78) and active oil and refrigerant control system, ensuring high reliability. This system is ideally suitable for residential, hotels, offices and various commercial applications.
How do you see the potential of this industry?HVAC industry sustains on investment in infra projects, new commercial space development and premium housing segment. After a slowdown, Indian economy is poised for growth, and we expect lots of investment in infra and commercial space development. Every player is looking forward to premium residential sector.
What percentage of growth are you expecting this year?I would say that HVAC industry should grow by 10-12 per cent. LG will definitely surpass the industry growth by a sizeable margin.

Advertising

OEM Android App

Your future advertising space? Our media data

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags:
OEM Update QR Code
OEM Update QR Code

Events

PTC Asia
PTC Asia
World of Photonics India
World of Photonics India
IFFE Expo
IFFE Expo
Clean India Show
Clean India Show
Factory Automation Expo
Factory Automation Expo
India Essen Welding and Cutting Expo
India Essen Welding and Cutting Expo
Logimat India
Logimat India
Metal Forming Expo
Metal Forming Expo

eMagazine October 2024

eMagazine October 2024
eMagazine October 2024

Do you want to advertise here? Contact us

Our Sponsors

DIRAK
DIRAK
Pragati Gears
Pragati Gears
Carl Zeiss India
Carl Zeiss India
STMCNC
STMCNC
Nord
Nord
Messer Cutting
Messer Cutting
Atos Profilo
Atos Profilo
Fronius
Fronius
SCHMALZ
SCHMALZ
Sigma-Weild
Sigma-Weild
Mallcom
Mallcom
igus
igus
DH Secheron Electrodes
DH Secheron Electrodes
Timken India
Timken India
UNP Polyvalves India Pvt Ltd
UNP Polyvalves India Pvt Ltd
ENS Oils & Lubricants
ENS Oils & Lubricants
Super Slides
Super Slides
Autonics
Autonics
Fuel Instruments  Engineers
Fuel Instruments  Engineers
Velvex
Velvex
Universal Orbital
Universal Orbital
Chicago Pneumatic Tools
Chicago Pneumatic Tools
MMC Hardmetal Pvt Ltd
MMC Hardmetal Pvt Ltd
Mennekes
Mennekes
ACD Machines
ACD Machines
TruCut
TruCut
tectyl
tectyl
BKT Tires
BKT Tires
Fibro India
Fibro India
Deceler
Deceler
Balluff
Balluff
Urgo Capital
Urgo Capital
Amsak Cranes
Amsak Cranes
Molygraph
Molygraph
SKS Welding
SKS Welding
pioneer Cranes
pioneer Cranes
Exorint
Exorint
Schmersal India
Schmersal India
Exon mobil
Exon mobil