Carrier and Midea to form JV in India [Feb 2012]

By admin February 10, 2012 6:42 am IST

US-based Carrier and residential air-conditioning manufacturer Midea signed an agreement to form an air conditioning manufacturing and distribution joint venture in India. The joint venture will primarily manufacture and distribute residential air-conditioning systems and will bring together Carrier and Midea’s complementary residential segment operations in India. Carrier’s commercial solutions and services business in India are outside the scope of this joint venture. Carrier India will continue to provide a comprehensive suite of sustainable building solutions.