SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 240

HIGH PRIORITY MARKET
ETA General Pvt, Ltd ETA House, 3rd Floor, # 71 / 63, Opp. Loyola College Sterling Road, Nungambakkam, Chennai- 6000034, Tamil Nadu T: 044- 43402345; E: info @ etageneral. com W: generalindia. com
Haier Appliances India Pvt Ltd Building Number 1, Okhla Industrial, Estate, Phase III, Opposite Modi Mill, New Delhi-110020 T: 1800-102-9999; W: haier. com E: customercare @ haierindia. com
Sterling and Wilson Pvt. Ltd. Universal Majestic, 9th Floor, P. L. Lokhande Marg, Chembur( West), Mumbai – 400 043, T: + 91-22-25485300 E: mumbai @ sterlingwilson. com W: sterlingandwilson. com
Kelvin systems Pvt Ltd. 6 & 7, D. D. A. Shopping Complex, South Extension 1, New Delhi-110049 T: + 91 11-41646767; E: info @ kelvinsytems. com W: kelvinsystems. com
The room air conditioning segment
revenue contribution from Delhi-NCR.
captured majority revenue share in India
In 2013, real estate market in Delhi-
HVAC market in 2013, and is expected
NCR grew by 22.5 %, leading to high
to retain its dominance by 2019. This is
growth in the HVAC market, in volume
largely due to portability; ease of
as well as value terms. Rapid
installation and less space requirement
infrastructure development activities
of room air conditioning systems.
have been witnessed in cities such as
Centralized air conditioners, in contrast,
Gurgaon, Noida, Greater Noida and
are comparatively costlier and are
Chandigarh in recent year. Further
usually preferred for large commercial
growth in real estate sector in these
or office spaces, where more tons of
cities is expected to spur the market for
refrigeration is required for effective
HVAC systems in Northern India”, said
cooling. Consequently, segment share
Mr. Karan Chechi, Research Director
of room air conditioners in the India
with TechSci Research, a research
HVAC market is expected to increase
based global management consulting
over the next five years on account of
firm.
several residential projects coming up in
the forthcoming years.
“ The Northern region has been leading
the HVAC market in India, with high

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