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Tecumseh Products Company, a global manufacturer of compressors and cooling solutions provider, is bullish on India.
Apart from expecting up tick in the domestic market, the company sees India playing a much bigger role in its global operations going forward.
Doug Murdock, President and Chief Executive Officer of Tecumseh, headquartered in Ann Harbor, Michigan, US said, “India has become a strategic market for Tecumseh. With two manufacturing plants in India and the upcoming Global Technology Centre, we expect it to play a much bigger role in our global operations.”
On a visit to India, the CEO while reaffirming the company’s commitment to the India market, said “the company has unveiled a new range of compressors with hydrocarbon refrigerants for light commercial applications at Acrex 2019.”
With substantial investment on the research and development, the company has introduced efficient and environment friendly products that will enable its customers and various brands to develop a wide range of equipment in the Indian market.
Murdock told Business Line, “India is a crucial market for our company and we are committed to strengthening the relationship with our customers in the region. The new Global Technology Centre near Delhi that is near completion will further help to bolster the market. This will enable us to develop new products for our global markets .”
The CEO explained that the focus on energy efficiency is driving the growth of the compressor industry and new product development. With two plants in India and Hyderabad in Telangana and Ballabgarh near New Delhi for air-conditioning and refrigeration and strategic partnerships with global brands, a wide range of products are produced and supplied.
Tecumseh had started India operations in 1997 and last year initiated works on setting up of a new Global Technology Centre for product design for India operations and as well as its large global network of customers and OEMs.
Mentioning about the potential to work with various companies on developing a network of cold chains and storages in India, Murdock said “We expect India will see the development of cold storage chains where Tecumseh’s environment friendly and energy efficient products can be provided offering solutions.”
From 2015, there has been a concerted effort to push for growth and the progress has begin to show up. The Indian business too has seen through a phase of transformation, he said.
As a part of the company’s efforts to promote energy efficiency, it has been working closely with the Bureau of Energy Efficiency, Ministry of Power and Ministry of Environment to develop energy efficient and environment friendly products.
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