The 23rd edition of ACREX India, scheduled to take place in Delhi under the theme “Powering Global HVAC Supply Chain,” marks a pivotal moment for the HVAC manufacturing sector in India. This event promises to be more than just a showcase of technological advancements; it positions itself as a catalyst for sustainable growth and decarbonization in the industry.
Focusing on Growth:
ACREX India 2024 will be a hub for the latest technological innovations in the Heating, Ventilation, and Air Conditioning (HVAC) supply chain. It aims to propel the rapid growth of the HVAC manufacturing sector in India by providing a platform for local and international participants to network and collaborate. With a spotlight on local manufacturing, the event is poised to connect manufacturers with industry leaders, government officials, and other key stakeholders, fostering an environment conducive to achieving shared business objectiv
Global Networking and Collaboration:
The exhibition’s appeal as a sourcing and networking platform extends beyond borders. ACREX India 2024 will draw experts from around the globe to Delhi, creating opportunities for international manufacturers to connect with industry captains, government officials, and end-users. This global collaboration is instrumental in achieving not only business objectives but also in fostering a collective commitment to sustainable practices in the HVAC industry.
Addressing Changing Climates and Economic Growth:
Changing climatic conditions, coupled with strong economic growth and government initiatives like ‘Make in India’ and Atmanirbhar Bharat, have positioned India as a significant player in the energy-efficient HVAC market. The commitment to becoming carbon neutral by 2070 aligns with ACREX’s mission to showcase and promote sustainable HVAC technologies. The HVAC market in the Indian subcontinent is projected to reach $30 billion by 2030, growing at a CAGR of 15.8%, offering a fertile ground for both local and international manufacturers.
Contributing to Global Supply Chain Requirements:
India’s strategic position in the global market, supported by initiatives like the Production-Linked Incentive (PLI) schemes, financial incentives, and a commitment to sustainability, has fueled the growth of the HVAC export market. ACREX India plays a crucial role in developing and nurturing this market, with Indian HVAC manufacturers aligning themselves to meet global supply chain requirements. As India’s exports in HVAC equipment continue to surge, the industry is poised to reach new heights. Register for ACREX India here – https://acrex.in !