Wednesday, June, 03,2026

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ACREX India 2026 Opens in Mumbai as India’s HVAC Market Surges Toward USD 29.4 Billion by 2030

Mumbai: ACREX India, South Asia’s largest platform for HVAC and intelligent building excellence, commenced today at the Bombay Exhibition Centre. Organised by the Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE), the three-day exhibition, being held from 12–14 March 2026, brings together leading global and domestic manufacturers, policymakers, and industry experts to showcase next-generation technologies and drive industry collaboration. The event comes at a pivotal time as India emerges as one of the fastest-growing HVAC markets globally, driven by rapid urbanisation, infrastructure expansion, and rising cooling demand. Reflecting this momentum, the Indian HVAC market is projected to reach $29.4 billion by 2030, highlighting the growing need for industry platforms that accelerate innovation and support sustainable sectoral growth.

The exhibition kicked off in the presence of distinguished dignitaries including Mr. Mukundan Menon, Managing Director, Voltas Limited, Mr. RaviChandran Purushothaman, President, Danfoss Industries Private Limited; Mr. Jayanta Kumar Das, Society President, ISHRAE; Mr. Amod Dikshit, Chairman, ACREX; Mr. Anoop Ballaney, Chairman, ISHRAE Trade Fairs; Mr. Himanshu Chitnis, Head, ISHRAE Trade Fairs; Mr. Vishal Kapur, Chairman, Advocacy, ISHRAE, along with several other eminent industry leaders. Their presence reflected on the expanding influence of the exhibition as a key meeting point for thought leadership, technological advancement, and strategic dialogue, shaping the future of the HVAC ecosystem.

Highlighting the strong growth trajectory of the HVAC industry, Mr Mukundan Menon, Managing Director, Voltas Limited, said, “The Indian HVAC industry is at the cusp of significant expansion, with the sector expected to grow at nearly 15% annually, potentially doubling within the next five years. Currently, about 15 million residential AC units are sold in India each year, and this is projected to reach around 30 million units by 2030. On the commercial side, India continues to build rapidly, creating strong opportunities across data centres, district cooling and infrastructure development. The recent GST reduction on ACs from 28% to 18% is a welcome policy step that will stimulate demand, with the first visible impact expected during the summer of 2026. While the industry is managing cost pressures from rising copper prices, currency fluctuations and increased logistics costs due to geopolitical developments, most manufacturers have already secured supplies for the upcoming season. Overall, the demand outlook for India remains extremely strong with significant opportunities ahead.”

Emphasizing the strong transformation and long-term growth potential of the HVAC industry in India, Mr Ravichandran Purushothaman, President, Danfoss Industries Private Limited, said, “Over the past three years, the HVAC industry in India has nearly doubled in size, with a significant shift toward local manufacturing, reflecting the momentum of Atmanirbhar Bharat and the government’s focus on reducing import dependence in the cooling sector. Looking ahead, the opportunity is substantial. As per the India Cooling Action Plan, cooling demand in India is expected to grow eightfold by 2038. On the commercial side, rapid expansion in semiconductor facilities, advanced manufacturing and data centres is driving demand for high-performance cooling solutions. At the same time, the industry is focusing on energy-efficient, water-efficient and carbon-efficient technologies, increasing localisation in electronics and strengthening new skill capabilities. Together, these developments are shaping a resilient and innovation-driven cooling ecosystem for India’s future growth.”

Mr Jayanta Kumar Das, Society President, ISHRAE, said, “ACREX India brings the entire HVAC ecosystem onto one platform, enabling companies to showcase innovations and engage with the broader industry community. As cooling demand grows rapidly in India, the focus must move beyond equipment to the entire lifecycle of systems, where installation, operation and maintenance account for nearly 90% of the total cost. Through nationwide training programs, research and industry partnerships across 55+ locations, ISHRAE is working to strengthen skills, encourage innovation and support the sector’s mission of delivering more cooling with lower energy consumption and reduced environmental impact.”

Mr Amod Dikshit, Chairman, ACREX India, said, “India’s rapid infrastructure expansion and growing dependence on cooling across sectors such as data centres, district cooling, airports, hospitals, hotels and metro rail projects is creating a significant opportunity for the HVAC industry over the next decade. As this demand accelerates, the industry is focusing on localising the production of key sub-assemblies, strengthening capabilities and advancing more energy-efficient technologies. Cooling already accounts for nearly 40% of India’s electricity demand, which makes efficiency and sustainability critical priorities. With the Bureau of Energy Efficiency progressively upgrading standards every two years by about 7–10%, the industry continues to move towards more energy-efficient solutions. At this juncture, ACREX India provides the industry with an important platform to accelerate innovation, strengthen collaboration and shape the future of sustainable cooling in India.”

Mr. Sanjeev Seth, Sr Vice President and Business Head, Systems Air Conditioning Division, LG Electronics India Limited said, “India’s HVAC sector is on a strong growth trajectory, driven by rapid urbanization, infrastructure expansion and increasing demand for efficient climate control. At the same time, AI is beginning to revolutionize HVAC system management in India, as customers seek higher energy efficiency and reduced downtime. Technologies such as predictive maintenance, cloud-based remote monitoring and intelligent controls are improving reliability and optimizing energy consumption in VRF and chiller systems. This integration of digital technologies will significantly boost system performance and operational efficiency. At ACREX India 2026, LG Electronics India is showcasing its latest intelligent HVAC innovations designed for India’s evolving cooling landscapes. LG Electronics India has launched its AI based VRF system Multi Vi and also showcased its Innovative One way cassettes and 4 way cassettes along with round cassettes"

The HVAC industry continues to record strong growth momentum, with analysts estimating a compound annual growth rate between 12% and 16%. Reflecting this trajectory, the 2026 edition is expected to attract over 30,000 visitors and would feature more than 400 exhibitors from over 40 countries, making it one of the most significant global gatherings for the HVAC and refrigeration sector. Participating nations include Belgium, China, Czech Republic, Egypt, France, Germany, Italy, Japan, Korea, Malaysia, Saudi Arabia, Singapore, Spain, Switzerland, Taiwan, the Netherlands, UAE, UK, Uzbekistan and the USA, among others. Leading industry players such as Daikin Industries Ltd, Voltas Limited, Danfoss A/S, Schneider Electric, Panasonic, Carrier, ABB, and Johnson Controls, among others, are showcasing advanced technologies and solutions that reflect the latest developments shaping the global HVAC landscape.

The exhibition is further strengthened by the support of leading national and international industry bodies, reflecting the strong collaborative ecosystem driving the HVAC sector. Supporting associations include the Refrigeration and Air Conditioning Trades Association (RATA), All India Air Conditioning and Refrigeration Association (ACRA), American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), International Institute of Ammonia Refrigeration (IIAR), ASSOCHAM India, Indian Plumbing Association, India Green Building Council (IGBC), Fire and Security Association of India (FSAI), UN Environment Programme, International Copper Association India, Contamination Control Society of India (CCSI), Federation of European Heating, Ventilation and Air Conditioning Associations (REHVA), IIFIIR, ISKID, and the Green Business Certification Institute (GBCI), among others. Their participation reinforces the exhibition’s role as a global knowledge and collaboration platform for advancing sustainable and energy-efficient HVAC solutions.

ACREX India 2026 also features a dynamic line-up of knowledge platforms, innovation showcases, and live demonstrations designed to highlight the latest advancements shaping the HVAC industry. A key attraction is ACREX HVAC Shark, a first-of-its-kind stage dedicated to HVAC game changers, where companies presented breakthrough technologies and practical solutions through live demonstrations.  Adding a distinctive engagement element to the exhibition is Climo, the official mascot of ACREX India, connected with visitors and industry stakeholders, bringing a relatable identity to the highly technical HVAC ecosystem.

The event also hosted a series of technical seminars and industry knowledge sessions focusing on critical themes such as targeted ventilation to enhance indoor climate, indoor air quality, and energy efficiency. Complementing these initiatives, the Innovation Zone and product demonstration areas provided attendees with a first-hand look at emerging technologies and solutions, all aligned with the event’s overarching theme of “Unlocking Business Potential, Enhancing Opportunities, Accelerating Growth, Building a Better World.”

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Daily Astro

03-06-2026

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Aries

Ganesha says it will be an important day for you, Aries. Your energy and confidence are ready to take you to new heights. Today you will be able to express your thoughts with clarity, which will increase your communication skills. New opportunities may arise in the working areas, which you have to be ready to take advantage of. In social life, you can make new meetings, which will prove beneficial for you in the future. This day will be good for solving family issues, and you will be able to establish better relations with your close ones. In the field of health, take care of your routine and resort to yoga or meditation to relieve mental stress. Controlling your expenses will be a smart move, as any sudden financial need may arise. Overall, this day is for you to stay positive, just use your insight and energy properly.

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Pisces

Ganesha says it is going to be a positive day for you. Your sensitivity and intuition will flourish today, allowing you to establish better connections between yourself and others. It is time to connect with someone or refresh old memories. Try to communicate with people close to you, as it will strengthen your relationships. In the field of work, your creativity will be cyclical today. If you are working on a project, your ideas will be new and full of innovation. Do not be afraid to share your ideas, it will give you positive feedback from your colleagues. In terms of financial condition, avoid any big investments. Small expenses will prove to be justified but think well before making any big decisions for the long term. In terms of health, focus on a balanced diet and regular exercise. For mental health, practicing meditation or yoga will help keep you stress-free.

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Aquarius

Ganesha says new opportunities are likely to open up for you. You will be in a position to take your creative abilities to new heights. This is the time to share your ideas and make new plans. Your friends and family will support your ideas, so it will be beneficial to take their advice into account. Positive changes are possible in business. This is the right time to work on an important project. You will get an opportunity to use your skills and knowledge properly. But, be careful; in some cases, you will need to control your emotions. In personal life, relationships will deepen. You will try to spend more time with your loved ones. This is a good time for love and companionship. Enjoy emotional moments that will make your relationships stronger. Be health conscious. Dedication to yoga and meditation will give you mental peace. These activities will keep not only your body but also your mind active. Overall, today will be full of possibilities for you. Stay committed to your dreams and work on them.

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Capricorn

Ganesha says your day is full of some new possibilities. You will experience grace and stability in your actions. This is the time to focus on your goals and work with determination to pursue your plans. You are likely to get success in your work, especially if you maintain your hard work and dedication. Positive changes can also be seen in your relationships. You will get a chance to spend time with family and listen to them, which will increase mutual understanding and depth. Focus on communication, as it will make your relationships stronger. However, it is also time to make monthly plans. Take care of your financial matters and try to save. This is the time when you can take concrete steps for your future. Your health condition is likely to remain normal but take some rest. Maintaining a mental balance will be important for you. Stay positive and keep faith in your actions!

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Sagittarius

Ganesha says today will be full of new possibilities and positive energy for you. You will feel a rise in your confidence, which will keep you open to new opportunities. This is the right time to make an important decision. Your spirituality and intuition will be strong, which will enable you to understand and face difficulties. Spending time with friends and family will awaken a sense of happiness and satisfaction in your mind. Relationships with colleagues at work can take a new direction. Cooperation and communication will help solve problems. If you face an obstacle or challenge, remember that you can overcome it. In terms of health, you may need to make a little improvement in your routine. Regular exercise and a balanced diet will give you freshness and energy. Strengthening social relationships and contacting new people will also be beneficial today. This is the time for self-growth and positive change for you, so recognize the energy within you and use it properly.

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Scorpio

Ganesha says today will be full of enthusiasm and energy. You will move towards achieving your goals, and your hard work will pay off. Social life will also be active; you will get a good chance to spend time with friends and family. In terms of health, take a little caution. Focusing on meditation and exercise will help reduce mental stress. This is also a good time to take up a new hobby, which can unleash your creativity. Take wise steps in terms of money. Make informed decisions while investing. For potential financial gains, take a look at past projects again. Your career is showing good signs of progress. Your ideas may be appreciated at the workplace, which will increase your confidence. Still, some issues may require restraint. Overall, today will prove to be positive and auspicious for you. Spend it with pride with your loved ones.

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Libra

Ganesha says today will be a very auspicious and positive day. You will get a chance to clarify your thoughts, which will bring stability to your personal and professional relationships. Your communication skills will increase, and this will open the doors of new possibilities for you. Your creativity and aesthetic sense will be especially strong today. If you are associated with any art or design, your work will be appreciated. This is the right time to express your feelings. If you are confused about a decision, trust your intuition; it will show you the right path. In terms of health, small changes can make your life better. Focus on regular exercise and a balanced diet. In love and relationships, a new understanding will develop, which will strengthen the mutual bond even more. Overall, this day is a sign of positive changes and new beginnings for you. Stay focused on your goals and recognize your inner strengths.

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Virgo

Ganesha says today is a suitable day to highlight your cognitive abilities and business skills. Today, you will be full of clarity and precision in your actions, which will increase your value among your colleagues and superiors. There is a possibility of bringing some changes to your routine, which will bring positive results for you. This is a good time to improve relations with family members. Try to resolve any old disputes, and keep communication open. In terms of health, meditation and yoga will bring mental peace. Also, take some time out of your routine for exercise. From a financial point of view, this is the right time to make a good plan for the right investment. Take a good look at the options available to you and make a wise decision. Overall, today will prove to be a day of new possibilities and positive changes for you. Be full of confidence and stay focused on your goals.

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Leo

Ganesha says today will be a day full of energy and inspiration. Your confidence will increase and your thoughts will come out with clarity. On this day, you will be able to see some new possibilities in your career, which will bring you hard work. Mutual understanding and harmony will increase your relationship, which will create a happy atmosphere among the family. This is a great time to express your thoughts clearly, so do not hesitate to communicate with your partner or friends. It is important to be health conscious, a little exercise and meditation will maintain your mental and physical health. Overall, this day will bring activity and positivity for you, so make the most of all the opportunities!

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Cancer

Ganesha says it will be a day of information and communication for you. Your mind will be full of ideas and you will be able to express your ideas well. There is a possibility of some new opportunities in professional life, which can prove beneficial for you. It is a good time to strengthen relationships with your colleagues, so work together at the workplace. Your emotional state will also be strong. Time spent with family will give you satisfaction. If you have any old problem going on, then the right time is coming to solve it. However, you need to keep your emotions under control, so that you do not get agitated over small things. In terms of health, try to practice yoga and meditation. It will empower you both mentally and physically. Take informed decisions in financial matters; do not rush into any investments. In summary, this day will be all about communication and cooperation, which will lead to positive changes for you.

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Gemini

Ganesha says there will be a new energy and freshness in your thoughts, which will make your personality even more attractive. Social contacts are likely to increase, which will expand your network. You will be inspired to spend blissful time with your friends and family. Some positive changes can also be seen in the business sector. The results of your hard work will gradually start coming, and this will motivate you to move forward. Keep in mind that while sharing your ideology, work with empathy, this will strengthen your relationship with colleagues. It is important to be health conscious. A little attention and relaxation will give you mental freshness. Practicing yoga or meditation will be beneficial for you. This day will be full of positivity and new possibilities for you. Express your mind openly and do not hesitate to adopt new ideas.

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Taurus

Ganesha says it will prove to be a positive day for you, Taurus. You will feel energetic and full of confidence. The time has come to reap the fruits of your hard work and efforts. The workload may stress you for a while, but you will face all the challenges recognizing your strengths. Sweetness will also remain in your relationships. Spending time with your family and friends will be a source of joy for you. Conversation with someone special can give you a new vision and promote mutual understanding. A special occasion may be organized among friends or family, which will bring happiness and harmony to you. Moments spent with loved ones will give you mental peace. It is important to be health conscious. A little exercise or yoga will give peace to your mind and energy to your body. Your day will be full of happiness and positivity, just keep your thoughts and emotions balanced.

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03-06-2026