Latest news with #Havells
Time of India
2 days ago
- Business
- Time of India
Govt sets a cool exports target for AC makers
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Kolkata: The government has asked air-conditioner manufacturers to push exports on a much larger scale because the boost to the industry via the production linked incentive (PLI) scheme for white goods such as AC and LED lights has not reflected in shipments to foreign of commerce and industry Piyush Goyal discussed this in a meeting with senior industry executives earlier this month, people aware of the development government is of the view that the category has huge potential to grow India's electronics export value after wants India to export 15-16 million units in the next four years and compete with China and Thailand which have emerged as big export hubs, industry executives said. At present, India exports around 2 million units. In contrast, China exported 85 million units of ACs in 2024, worth $26 billion, while Thailand exported 19 million units and generated over $7 billion in revenue, as per Chinese AC industry body and media per commerce ministry data, India exported ACs worth ₹3,683 crore ($435 million) in 2024-25, which grew 32% year-on-year (yoy). In contrast, India's smartphone exports in 2024-25 rose 55% yoy to $24.1 who have applied for AC PLI include LG Electronics Voltas , Daikin, Blue Star , Amber, Johnson Hitachi, Panasonic , Haier, Midea and Havells The industry has been asked to prepare a list of support initiatives it might require to start exports other than the existing PLI scheme."The government wants manufacturers, especially PLI beneficiaries, to export ACs which has not started in a big way as it was difficult to compete with the Chinese in pricing and scale," said Pradeep Bakshi, managing director at Voltas, the Tata-owned AC manufacturer. "But there is a renewed push from the government who wants to know from the manufacturers the disabilities in exports," he government has also asked the industry to prepare a report on the disabilities in AC exports to be submitted in June."We have been discussing the project with the government," said Jasbir Singh, chief executive officer of Amber Enterprises , India's largest AC contract manufacturer."After China, Thailand too has become a big exporter of ACs in the last five years," said the government announced the PLI scheme for white goods in 2021, it had estimated AC and LED light exports worth ₹64,400 crore by 2026. While some companies are exporting LED lights, exports of ACs are still relatively small with companies like Blue Star, Daikin, Havells and Voltas exporting in small quantities, some to the Cellular and Electronics Association (ICEA) chairman Pankaj Mohindroo said after mobile phones, AC is a category with huge exports potential. "And like mobile phones, PLI has a significant impact on the evolution of the local manufacturing ecosystem," he is setting up an AC export task force with the Refrigeration and Air-conditioning Manufacturers Association to draw a roadmap and monitor its execution.
Mint
4 days ago
- Business
- Mint
Best 4 blade fans in May 2025: Top 10 energy-saving, low-noise and high-speed ceiling fans for every room type
4-blade fans are designed to offer a good balance of airflow and quiet operation. With four blades, these fans can move air efficiently while creating less noise compared to fans with more blades. They are suitable for bedrooms, living rooms, or any space where a calm and cool environment is needed. The sleek design also blends well with modern interiors. These fans often come with energy-saving motors, easy-to-use controls, and multiple speed settings. Whether ceiling-mounted or pedestal-style, 4-blade fans provide comfort without compromising on style. They are a popular choice for homes looking for both functionality and elegance in everyday cooling solutions. Check out the best 4-blade fans available on Amazon. Havells 1200mm Leganza ES 4B Ceiling Fan combines elegant design with high-performance features. Its standout 4-blade design ensures higher air delivery while maintaining quiet operation. The energy-saving motor made from 100% pure copper enhances durability and efficiency. A premium bronze gold finish adds a decorative touch to modern interiors. This fan is ideal for those seeking style without compromising performance. The convertible feature allows it to operate on both inverter and mainline, making it versatile during power cuts. It also comes with a 2-year warranty, ensuring long-lasting satisfaction and trust in quality. Electric fan design Ceiling-mounted Power Source Corded electric Premium finish adds elegance Works on inverter power No remote control included Limited colour options What buyers are saying on Amazon? Excellent air delivery and silent performance. Stylish design suits home interiors. Trusted brand with energy-saving features, buyers feel it's value for money. Elegant and efficient with inverter compatibility, energy savings, decorative design, and strong performance from a trusted Indian brand. Candes Brio Turbo 600 mm / 24 Inch Ceiling Fan offers compact yet powerful performance, ideal for kitchens, balconies, or verandas. With its 4-blade high-speed design, this fan ensures better air thrust in smaller spaces. The anti-dust coating keeps maintenance easy and blades clean. Its compact size makes it perfect for limited ceiling areas. The convertible feature allows reliable operation during power cuts using an inverter, enhancing usability. A sleek coffee brown finish adds a subtle touch of style while offering energy efficiency and long-term durability for everyday use. Electric fan design Ceiling-mounted Power Source Corded electric Style Compact and functional Ideal for compact spaces Anti-dust blades reduce cleaning Not for large rooms No remote operation What buyers are saying on Amazon? Good speed and airflow in small rooms. Compact size fits perfectly in kitchens. Buyers appreciate the anti-dust finish and affordability. Compact and efficient for small spaces, inverter-compatible, easy to maintain, affordable, and delivers reliable high-speed cooling. LONGWAY Kiger P1 600 mm/24 inch Ceiling Fan is designed for compact spaces, offering ultra-high speed performance with its 4-blade setup. It features anti-dust technology for easy maintenance and consistent airflow. The star-rated motor ensures energy efficiency while the decorative smoked brown finish adds a stylish look to kitchens, balconies or verandas. This fan is inverter-compatible, allowing uninterrupted operation during power cuts, making it ideal for Indian homes. Its quiet yet powerful motor delivers great performance in smaller areas, blending functionality and style effortlessly. Electric fan design Ceiling-mounted Power Source Corded electric Style Decorative compact fan High-speed motor, great for small rooms Anti-dust coating for low maintenance Not suitable for large areas No remote control feature What buyers are saying on Amazon? Good air delivery and quiet motor. Works well in balconies. Users like its stylish finish and inverter compatibility. Compact decorative fan with high speed, inverter-ready, anti-dust blades, and energy-saving star-rated motor for everyday use. LONGWAY Kiger P1 600 mm/24 inch Ceiling Fan offers ultra-high speed performance with a stylish smoked brown finish, ideal for kitchens, verandas, and small rooms. Its 4-blade anti-dust design ensures cleaner operation and consistent airflow. The energy-efficient star-rated motor helps reduce electricity bills while maintaining powerful delivery. Designed for versatility, it can operate effectively even on inverter power, making it a reliable choice during power cuts. This decorative fan not only complements compact interiors but also delivers durable functionality in everyday use. Electric fan design Ceiling-mounted Power Source Corded electric Powerful airflow for small areas Works on inverter power supply Not for large room coverage No remote functionality What buyers are saying on Amazon? Buyers praise its strong airflow, compact size, and elegant design. Also appreciated for energy saving and inverter compatibility. Reliable, decorative ceiling fan with inverter support, anti-dust blades, high speed, and energy efficiency for compact spaces. ACTIVA Galaxy-1 600 mm Ceiling Fan delivers powerful 850 RPM performance with a 4-blade design and anti-dust coating for clean, smooth airflow. Its high-speed motor ensures fast circulation, ideal for compact spaces like balconies, kitchens, or study areas. The elegant deco brown finish adds a touch of class to interiors, while its energy-efficient motor makes it suitable for continuous use. The fan is inverter-compatible, offering uninterrupted airflow during power cuts, and comes with a 2-year warranty for added assurance. Electric fan design Ceiling-mounted Power Source Corded electric 850 RPM high-speed performance Works on inverter power supply Not ideal for large rooms No remote control feature What buyers are saying on Amazon? Buyers like its speed, compact size, and dust resistance. Many appreciate its quiet operation and energy efficiency. High-speed fan with anti-dust blades, inverter support, energy-saving performance, and reliable design for compact household spaces. DIGISMART Uphaar 600 mm Ceiling Fan is designed for high-speed performance with 850 RPM and four aerodynamic blades for swift air delivery in small to medium rooms. The anti-dust coating helps maintain cleaner blades, while its inverter-compatible motor ensures continuous operation during power cuts. With a rich Uphaar brown finish and energy-efficient build, it offers both utility and style. The fan's reliable 100% copper motor enhances durability, and a 2-year warranty adds peace of mind, making it a practical choice for compact living spaces or secondary rooms. Electric fan design Ceiling-mounted Power Source Corded electric 850 RPM ensures strong airflow Compatible with inverter power Not suitable for large halls No remote control feature What buyers are saying on Amazon? Buyers praise its smooth operation, air delivery, and dust resistance. Many find it value-for-money and ideal for smaller rooms. Offers high-speed airflow, inverter support, low maintenance, and compact size—perfect for everyday use in small home spaces. V-Guard Windle Pro Plus Ceiling Fan is crafted for efficient air circulation with a robust 830 RPM motor and four wide blades, ensuring rapid and uniform cooling. Its 100% copper winding enhances durability and energy efficiency. The powder-coated gloss finish in cherry brown gives it a sleek, modern look that resists corrosion and dust. Ideal for compact spaces like kitchens, verandas, or small rooms, this fan blends functional strength with decorative elegance. It's also inverter compatible, offering uninterrupted airflow during power cuts—making it a versatile and dependable home appliance. Electric fan design Ceiling-mounted Power Source Corded electric High-speed 830 RPM motor Rust-resistant gloss finish No remote or smart features Limited sweep for large rooms What buyers are saying on Amazon? Buyers appreciate its speed, quiet function, and quality finish. Many praise its performance in kitchens and balconies. Compact, powerful, rust-free finish and inverter-ready—ideal for small spaces with consistent air delivery and energy savings. ACTIVA Premium Series Lotus Ceiling Fan combines elegance with cutting-edge technology. It features a 28-watt BLDC motor that delivers powerful performance with minimal energy use. The fan's noiseless operation, full remote control, and reversible mode make it ideal for all-season comfort. The 4 wide blades ensure higher air delivery, while the timer function adds convenience. Its smoke wood finish adds a touch of sophistication to modern interiors. With a 5-year warranty and energy-saving credentials, this fan is perfect for those seeking a quiet, efficient, and stylish cooling solution. Electric fan design Ceiling-mounted Power Source Corded electric Energy-efficient 28W BLDC motor Remote with timer and reverse mode Not suitable for large halls No smart home integration What buyers are saying on Amazon? Buyers love its quiet operation, remote features, and elegant look. Energy saving is widely appreciated in reviews. Enjoy silent, energy-efficient airflow with remote control, reverse mode and 5-year warranty—ideal for smart, stylish living. Colorbot Stella Quad Ceiling Fan is a stylish and energy-efficient 1200 mm 4-blade fan designed for modern homes. With a 5-star BEE rating and a BLDC motor, it ensures minimal power consumption while delivering high-speed performance. Its noiseless operation and remote-controlled convenience with multiple modes make it highly user-friendly. The 100% copper winding enhances durability, while the 2+2 year warranty adds peace of mind. Its caramel brown designer finish complements contemporary interiors beautifully. The convertible feature allows for all-season use through reverse mode functionality, making it both functional and elegant. Electric fan design Ceiling-mounted Power Source Corded electric BLDC motor saves electricity Reverse mode for all seasons May not suit traditional décor Remote may require frequent battery change What buyers are saying on Amazon? Buyers praise its quiet performance, elegant design, and strong airflow. Energy efficiency and remote functionality are key positives. Stylish and silent with a 5-star rating, this fan ensures comfort, power savings, and versatility for year-round use. Colorbot Stella Quad 1200 mm Ceiling Fan offers a blend of elegant design and smart energy efficiency. Its BLDC motor ensures high speed with low power usage, earning a BEE 5-star rating. The fan operates quietly, making it ideal for bedrooms and living areas. Equipped with a remote control, it offers ease of use along with a convertible reverse mode for year-round comfort. The 100% copper winding enhances durability, while the caramel brown designer finish adds style. With a 2+2 year warranty, it promises lasting performance and peace of mind. Electric fan design Ceiling-mounted Power Source Corded electric Remote with reverse mode Noiseless and energy saving Remote needs battery replacements Caramel finish may not suit all rooms What buyers are saying on Amazon? Buyers love the quiet operation, premium look, and energy savings. Remote control and air delivery are frequently praised. This fan is stylish, quiet, energy-efficient, and suitable for all seasons thanks to its reverse mode and remote features. Yes, 4 blade fans are good for quiet operation and balanced airflow. They are ideal for indoor use, offering a stylish look while maintaining decent air delivery and efficiency. Three-blade fans usually offer higher speed and airflow, making them ideal for larger spaces. Four-blade fans run quieter and suit indoor settings where aesthetics and noise reduction matter more. Four-blade fans balance performance and noise well, while five-blade fans offer smoother airflow and quieter operation. However, more blades may slightly reduce speed and energy efficiency. Choose based on need. The ideal number of fan blades depends on usage. Three blades offer higher speed and airflow efficiency, while four or five blades provide quieter, smoother operation, ideal for home comfort and décor. Best 4 blade fans Room Type Special Feature Mounting Type Havells 1200mm Leganza ES 4B Ceiling Fan Living room, bedroom Decorative, high air delivery Downrod mount Candes Brio Turbo 600 mm Ceiling Fan Kitchen, veranda Anti-dust, high speed Ceiling mount LONGWAY Kiger P1 600 mm Ceiling Fan Balcony, small room Ultra high speed, anti-dust Ceiling mount LONGWAY Kiger P1 600 mm Ceiling Fan (duplicate) Balcony, small room Ultra high speed, anti-dust Ceiling mount ACTIVA Galaxy-1 600 mm Ceiling Fan Kitchen, small room Anti-dust coating, high RPM Ceiling mount DIGISMART Uphaar 600 mm Ceiling Fan Small rooms Anti-dust, high air delivery Ceiling mount V-Guard Windle Pro Plus 60 cm Ceiling Fan Home, living space Gloss finish, copper motor Ceiling mount ACTIVA Lotus 1200 mm BLDC Ceiling Fan Bedroom, study Reversible, energy saving, remote control Ceiling mount Colorbot Stella Quad 1200 mm Ceiling Fan (Caramel Brown) Living room, bedroom Designer, noiseless, remote control Ceiling mount Colorbot Stella Quad 1200 mm Ceiling Fan (Arctic White) Living room, bedroom Designer, high speed, noiseless Ceiling mount Room size and air delivery: Choose a fan based on the room's size. For compact spaces like kitchens or balconies, a 600 mm fan suffices, while larger rooms need 1200 mm for effective circulation. Motor efficiency and noise levels: Opt for fans with BLDC or copper motors for energy saving and low noise. A quieter fan enhances comfort in bedrooms or study areas. Special features and controls: Look for anti-dust coatings, remote controls, or reversible modes. These features add convenience and longevity. Design and aesthetics: Match the fan's finish with your décor. Premium and decorative models add visual appeal to your space. Disclaimer: Mint has an affiliate marketing partnership, which means we may get some commission on purchases you make through the retailer sites links provided. These partnerships do not influence our editorial content, which is free from any bias or marketing pitch. We strive to provide accurate and unbiased information to help you make informed decisions. We recommend verifying details with the retailer before making a purchase.
Time of India
5 days ago
- Business
- Time of India
India gains as US tariffs rise: Local firms see export boom
Chief executives of leading homegrown companies including Dixon Technologies , Tata Consumer Products , Blue Star , Havells and Arvind , have told analysts that Indian businesses are at a competitive position in the US tariff scenario and most of them are now flooded with queries for higher business from their US partners. The chief executives said the India-US bilateral trade agreement (BTA) currently being discussed will provide an impetus to business. Dixon managing director Atul Lall told an earnings call last week that the company was expanding capacity for its anchor customer by 50% to meet its increased order book, a large part of it will be for exports to North America in the light of the evolving geopolitical scenario. He said production volume for a large US brand, through its partner Compal, will increase "with potential opportunities for exports." While Lall didn't specify any of the brands, analysts said its anchor customer is Motorola, which exports handsets to the US and the US-brand is Google's Pixel. ET had also reported last month that Google wants to export handsets from India. While US president Donald Trump has asked mobile phone companies like Apple and Samsung to produce locally in the US instead of sourcing from India and other places or face 25% tariff, experts have opined that despite the additional tariff, it will be cheaper for companies to produce in India and export. Leading apparel manufacturer Arvind vice chairman Punit Lalbhai said in the short-term some of its "strategic customers" have seen their cost structures go up, which the company has also absorbed a bit and could lead to a "little bit of margin pressure" in the first and second quarters. He, however, said the company was seeing a jump in volume orders from many of its US customers. Lalbhai said margins will soon normalise and the benefits will flow in the second half of the fiscal year with a robust demand scenario. "This year we should add significant garment volume growth over last year in the textile space. Many of our capacities that we've been investing in are now coming on margin headwinds, but very optimistic growth and demand outlook," he said. The optimism from top CEOs comes at a time when the US has already reduced tariffs on China from 145% to 30% as compared to India's 26%, which is currently on hold. The US has levied only 10% tariff on India and the 26% tariff could be enforced again from July. Another apparel company, Gokaldas Exports , said in its investor presentation that higher tariff on China and political uncertainties in Bangladesh contribute to the overall attractiveness of India as a sourcing destination despite short hiccups. FMCG major Tata Consumer Products CEO Sunil D'Souza said since products like coffee and tea, which it exports to the US, are not produced there and hence "from a competitive scenario, we'll be on even keel with everyone else" and not way off. Havells has just sent its first consignment of Made in India ACs to the US and the management said India will be a beneficiary of the US BTA. BlueStar and Amber Enterprises CEOs said they were receiving a huge number of export enquiries as companies prepared their supply chains for tariff disruptions. Titan Company 's CEO for international business, R Kuruvilla Markose, said the company is tracking competition on price increase in the US and expects the BTA will be signed quickly.
Time of India
6 days ago
- Business
- Time of India
India gains as US tariffs rise: Local firms see export boom
Chief executives of leading homegrown companies including Dixon Technologies , Tata Consumer Products , Blue Star , Havells and Arvind , have told analysts that Indian businesses are at a competitive position in the US tariff scenario and most of them are now flooded with queries for higher business from their US partners. The chief executives said the India-US bilateral trade agreement (BTA) currently being discussed will provide an impetus to business. Dixon managing director Atul Lall told an earnings call last week that the company was expanding capacity for its anchor customer by 50% to meet its increased order book, a large part of it will be for exports to North America in the light of the evolving geopolitical scenario. He said production volume for a large US brand, through its partner Compal, will increase "with potential opportunities for exports." While Lall didn't specify any of the brands, analysts said its anchor customer is Motorola, which exports handsets to the US and the US-brand is Google's Pixel. ET had also reported last month that Google wants to export handsets from India. While US president Donald Trump has asked mobile phone companies like Apple and Samsung to produce locally in the US instead of sourcing from India and other places or face 25% tariff, experts have opined that despite the additional tariff, it will be cheaper for companies to produce in India and export. Leading apparel manufacturer Arvind vice chairman Punit Lalbhai said in the short-term some of its "strategic customers" have seen their cost structures go up, which the company has also absorbed a bit and could lead to a "little bit of margin pressure" in the first and second quarters. He, however, said the company was seeing a jump in volume orders from many of its US customers. Lalbhai said margins will soon normalise and the benefits will flow in the second half of the fiscal year with a robust demand scenario. "This year we should add significant garment volume growth over last year in the textile space. Many of our capacities that we've been investing in are now coming on margin headwinds, but very optimistic growth and demand outlook," he said. The optimism from top CEOs comes at a time when the US has already reduced tariffs on China from 145% to 30% as compared to India's 26%, which is currently on hold. The US has levied only 10% tariff on India and the 26% tariff could be enforced again from July. Another apparel company, Gokaldas Exports , said in its investor presentation that higher tariff on China and political uncertainties in Bangladesh contribute to the overall attractiveness of India as a sourcing destination despite short hiccups. FMCG major Tata Consumer Products CEO Sunil D'Souza said since products like coffee and tea, which it exports to the US, are not produced there and hence "from a competitive scenario, we'll be on even keel with everyone else" and not way off. Havells has just sent its first consignment of Made in India ACs to the US and the management said India will be a beneficiary of the US BTA. BlueStar and Amber Enterprises CEOs said they were receiving a huge number of export enquiries as companies prepared their supply chains for tariff disruptions. Titan Company 's CEO for international business, R Kuruvilla Markose, said the company is tracking competition on price increase in the US and expects the BTA will be signed quickly.
Time of India
19-05-2025
- Business
- Time of India
YEIDA will power up ₹450 crore tech hub near Noida airport
NOIDA : Yamuna Expressway Industrial Development Authority ( YEIDA ) has started the process to hire a consultant for designing and managing the infrastructure development of Sector 10, where a tech hub is planned at an estimated cost of over Rs 450 crore. The cluster, located near Noida International Airport , will be developed across 206 acres. A senior YEIDA official said, "This project will not only create a robust electronics hub but also generate employment at scale." The entire cluster is scheduled to be completed by Jan 31, 2028. Officials expect it to create over 11,000 direct jobs and approximately 20,000 indirect (total 31,000) jobs once fully operational. A YEIDA official said the cluster's location near the upcoming airport, the Delhi-Mumbai Industrial Corridor and the dedicated freight corridors makes it ideal for attracting both Indian and international companies. The main highlight of the project is the 50-acre land — out of 206 acres — allotted to Havells, the anchor unit. The company plans to invest Rs 800 crore to set up a manufacturing unit for products like fans, air conditioners, switchgear, cables and lighting equipment. The unit is expected to be ready by 2026 and will provide jobs to over 1,000 people in the first phase. The Centre has approved Rs 144 crore for the project under the electronics manufacturing cluster (EMC 2.0) scheme, while YEIDA will contribute over Rs 340 crore. The Centre had approved the EMC 2.0 last month, with Havells as the anchor unit. YEIDA CEO Arun Vir Singh said the Centre's approval is a big boost for the state's goal of becoming an electronics hub. Vir Singh said, "Now that the Centre has approved the project, we will allot land to Havells and begin work on developing the rest of the cluster. We believe this will attract several electronics component makers and supporting units." Besides Havells' 50-acre plot, the cluster will feature 66 other plots spread over 106 acres. Sixty-six other plots, spread over 106 acres, include 32 plots of 1,000 sqm, 18 plots of 2,100 sqm, six plots of 8,094 sqm and two each of 1,760 sqm, 3,300 sqm, and 15,176 sqm. Additionally, one plot each of 14,164 sqm, 20,234 sqm, and 32,375 sqm will be offered. The cluster has been meticulously planned. Of the total 206 acres, 39 acres have been earmarked for essential infrastructure, including roads, green belts and utilities. The remaining land will be used for industrial development.
