News Details
 
Hitachi Aims at No. 2 Slot in Indian AC Market
10 September 2016

In his first media interaction in India post the joint venture between the two leading global conglomerates Johnson Controls Inc. and Hitachi Ltd., Franz Cerwinka, the Global CEO of the newly christened entity ‘Johnson Controls - Hitachi Air Conditioning’, has stated the company’s aim to become the number two player in air conditioning solutions in India and to double its turnover in the next five years. In India the JV will continue to be known as ‘Hitachi Home & Life Solutions (India) Limited’ (HHLSI). The company is also on its way to achieve a turnover of Rs.2,000 core by 2016-17 on the strength of 20% year-onyear growth. Its turnover, today, stands at Rs.1,700 crores. The company is also looking at expanding its dealer network from the present 4500 to 11,000 in the next five years. Energy efficient products would remain the focus in product innovation and will spur its growth. Talking about the alignment of energy efficient solutions with the company’s ethos, Atsushi Ohtsuka, Managing Director, HHLSI said that the company has launched Kashikoi 5400i, Kashikoi 200i H&C, I-Connect and Toushi range in the Room AC segment. The I-Clean Plus technology automatically cleans the AC filter every 5 hours. This makes the AC more energy efficient, keeps it fresh and improves the quality of air. The I-See, I-Sense, Tropical Inverter and Wi-Fi Technology in the product range make the products smarter and energy efficient. In the Split Inverter AC Range – Kashikoi 5400i – the 1.0TR-5 Star model has 5.75 ISEER and 1.5TR-5 Star model has 5.00 ISEER.

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