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HVAC leaders share tips with developers
Technology

HVAC leaders share tips with developers

Tagged a 鈥榮unrise鈥� 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 G...

Tagged a 鈥榮unrise鈥� 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鈥檚 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. However, Mihir Sanghavi, Managing Partner, Auro Group, National President, RATA, Vice President, ISHRAE, and Regional Communication Chair, ASHRAE Region XV, has concerns about this development. 鈥淯nlike many OEMs, MSMEs haven鈥檛 taken advantage of the PLI as the minimum ticket size [for those opting for the scheme] is Rs.1 billion,鈥� he observes. 鈥淭his may disrupt the equilibrium of industry where MSMEs contribute up to 46 per cent of GDP.鈥� Sanghavi points out that 鈥渞estricting imports by cancelling FTAs and implementing BIS will disrupt the industry鈥檚 supply chain.鈥� Instead, he would have recommended 鈥減hase-wise implementation until India is self-reliant鈥�. Vishal Kapur, Managing Director, MEHO-HCP Air Systems, and National Treasurer and Chair Contractor Forum, RATA, says the industry needs 鈥渓ow-cost funding, investments, infrastructure and a robust supply chain, especially for components, to work towards localised solutions and import substitution.鈥� 鈥淔inancial stability and low profitability owing to frequently escalating costs, competition pressures and working capital needs are real industry concerns, forcing teams to make wrong pricing decisions,鈥� he adds. GST woes 鈥淭here is an urgent need to establish parity between the GST rates applied to HVAC services and other sectors,鈥� says Ajit Panicker, CEO, Nova HVAC Systems, Founder, Pureblu Technologies, and Immediate Past President, RATA. 鈥淗VAC service providers are charging 18 per cent GST but the department would have conflicting views of invoicing at 28 per cent, the same rate as HVACs themselves,鈥� says Sanghavi. 鈥淚t is high time this concern of dual taxation is addressed.鈥� Skill shortages The HVAC industry is currently facing an urgent demand for 200,000 skilled technicians to manage installation and maintenance tasks, estimates Panicker. 鈥淚f this shortage isn鈥檛 addressed, the industry鈥檚 projected eightfold growth over the next two decades is at risk,鈥� he warns. 鈥淓ighty per cent of air conditioning inefficiency stems from inadequate installation, poor maintenance practices and substandard refrigerant management, underscoring the critical need for well-trained professionals,鈥� continues Panicker. 鈥淲ith the phase-out of high global warming potential (GWP) refrigerants, the HVAC industry is increasingly focused on equipping professionals with the necessary skills to manage new refrigerants and advanced systems.鈥� For instance, he highlights that using variable refrigerant flow systems, which modulate refrigerant flow to indoor units based on demand, can result in energy savings of up to 20 per cent compared to traditional HVAC systems. Additionally, smart maintenance platforms that monitor and manage maintenance activities ensure adherence to scheduled checks and enable prompt responses to any issues. Modern indoor air quality (IAQ) management now leverages cutting-edge, filter-less technology. 鈥淰endors need to stay up to date with evolving regulations and standards, technological advancements like digitisation, decarbonisation processes and be ready to adapt to changing market demands,鈥� adds Kapur. 鈥淣owadays, digitisation plays an important role in system maintenance from remote monitoring, early alarms, equipment status and operations logs to indoor condition data.鈥� He points out that while a lot is being attempted by the Government and industry, much more needs to be done collectively.

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Technology

HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport

The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India鈥檚 semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..

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Real Estate

Brigade acquires Velachery land for Rs 16-billion project

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai鈥檚 Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..

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Equipment

Liebherr marks 10,000th XPower wheel loader milestone

Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.鈥淭he transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,鈥� said Gerhard Pirnbacher, Head of Quality Management at Liebherr. 鈥淲ith an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..

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