India's HVAC Industry Focuses on Energy Efficiency Amid Rising Costs and Growing Demand

India's HVAC industry is addressing rising cooling demand amid record heat and energy cost challenges. Industry leaders at recent events highlighted the potential of super-efficient air conditioners to reduce energy use by up to 60% and ease peak power demand. Despite concerns over increased raw material and energy prices linked to geopolitical tensions, localization of manufacturing in India has helped mitigate supply disruptions. The sector anticipates strong growth, with AC sales expected to double by 2030, supported by policy measures like GST reductions.