The government’s spending on infrastructure coupled with a revival in the real estate sector will spur demand for commercial cooling products, Toshiba Carrier Corporation (TCC) said today.
TCC, which provides cooling solutions for the commercial sector, is a JV between Japan’s Toshiba and US-based United Technologies, which owns Carrier Air Conditioner.
The company today unveiled new products to expand its offerings here.
“Our overall business in India is growing in double digits from last 3-4 years,” United Technologies -Climate, Controls & Security, India Region Managing Director Arun Bhatia said.
“The government is spending on infrastructure and we are definitely seeing our pipeline on that side going up as new metro, hospitals, airports are coming up, while on the private side, commercial real estate is coming back,” he added. Read More