India as a country is progressing very fast. Some of the emerging factors like strong economic growth, various government initiatives including ‘Make in India’ (Atmanirbhar Bharat), PLI schemes, financial incentives, and the commitment to become carbon neutral by 2070, have initiated a big transformation in its industrial landscape, wherein the HVAC industry plays a significant role.
The HVAC industry in this sub-continent is projected to reach a market size of $30 billion by 2030 growing at a CAGR of 15.8%. Also, in the post corona years, India’s export scenario is expanding fast. Thus, the country at present offers a huge potential for growth for the local as well as international HVAC manufacturers.
Under such circumstances, many Indian entrepreneurs as well as foreign companies are expressing their interests in joining the Indian HVAC manufacturing segment and reap benefit from the rapidly growing market.
With this backdrop, ACREX India 2024, South Asia’s largest exhibition on Air Conditioning, Heating, Ventilation and Intelligent Buildings, is coming up. This time the theme of the 23rd edition of ACREX India is Powering Global HVAC Supply Chain. The exhibition will focus on the rapid growth of the HVAC manufacturing sector in India.
In ACREX India 2024, visitors will witness the latest technological advancements in the HVAC sector along with a special focus on HVAC supply chain technologies. The exhibition will be an attractive sourcing and networking platform for local and international participants. Following India’s thrust on growing local manufacturing industry, ACREX India 2024 will offer both local and international manufacturers a great opportunity to connect with their desired business and technology partners. Also, presence of experts from different parts of the world will bring in tremendous opportunity for the Indian manufacturers to update their knowledge.
As usual, Cooling India will be present in ACREX India 2024. I heartily welcome all our patrons and readers to visit us at Hall 14, Stall D01. Let us meet and decide how we can develop a sound partnership to accelerate each other’s growth.
Pravita Iyer
Publisher & Director
