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Private weather forecaster Skymet has predicted a normal monsoon this year with the ongoing El Nino, which dragged monsoon rains in 2023 to below-normal levels, expected to get softened. Also, the monsoon-supporting La Nina, triggered by the cooling of the Pacific Ocean, is likely to evolve during the latter half of the season, it said. ....
Daikin Industries, the world’s largest maker of air conditioning equipment, has launched its operations in Kenya as part of its global strategy to increase footprint across the emerging markets, globally. ....
The number of companies wanting to be classified as essential products’ firms is growing by the day. After manufacturers of smartphones, laptops and desktops petitioned state governments to be tagged as essential category, home appliance makers feel they should not be left out. “Products such as refrigerators, washing machines and television sets are there in almost every urban household today. Unlike staples, which are basic needs, these products are comfort needs. That point is taken. However, home appliances are needed for everyday existence and are essential products in that sense,” said Kamal Nandi, business head and executive vice-president, Godrej Appliances. ....
PLI scheme for air conditioners fails to excite local manufacturers business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.