A tropical climate in the south, an alpine region in the north, and deserts in the west – India is a land of contrasts and surprises, often described as one of most diverse countries in the world, both climatically and culturally. No wonder it’s one of the great travel destinations of the world, remembered for its climate extremes.
For Krishan Sachdev, those contrasts provide a compelling business case for greater investment in locally designed and built climate control products, for which there will always be a ready market. As Managing Director of Carrier Midea India, he is acutely aware of the market potential of India as its economic wellbeing places it at the forefront of global growth.
Carrier Midea India, a joint venture between Carrier and Midea, was formed in 2012. Carrier is the world leader in high-technology heating, air-conditioning and refrigeration (HVACR) solutions with operations in more than 180 countries. Midea is a multibillion-dollar home appliance and air-conditioning conglomerate with a presence in more than 190 countries. The company was formed with the aspiration to manufacture and sell primarily room air conditioners in India. Carrier Midea India’s manufacturing facility in Bawal, Haryana, has rights to manufacture and sell Carrier and Midea brand room air conditioners, and Midea brand light commercial air conditioners in India.
Krishan, with his experience of 22 years as a senior executive with Carrier, was chosen to lead the new company, and brought with him a genuine understanding of how the business could set itself apart from others.
This story is from the April/May 2020 edition of The CEO Magazine India.
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This story is from the April/May 2020 edition of The CEO Magazine India.
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