Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Carrier to Invest $50 million in India
Dec 5, 2007
 Printable format
 Email this Article
 Search

Carrier Corp. will invest US$50 million in India during the next three years to build a new global research and development (R&D) center, develop products and technology for local markets, and enhance Carrier's manufacturing operations.

India has one of the fastest growing economies and is a strategically important market for Carrier. Since 2004, the Indian air-conditioning and refrigeration market has grown 25% annually and is expected to become one of the largest markets in the world by 2012.

Carrier expects the new facility to open in 2009, making it the company's third global R&D center in Asia. It will bring Carrier's technology to India and facilitate the local development of new products. The center will include a facility to educate and train Carrier India's customers on its products. The company will also expand its workforce and expects to add 100 new positions, most of them in engineering.

Back to Daily News

 

Daily News

...........................................................

Oct 31, 2014: Whirlpool Completes Acquisition of Majority Stake In Hefei Sanyo

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows