Here are some recent news from the world of refrigeration:
- The demand for refrigeration systems has been steadily increasing due to the growing food and beverage industry and the need for effective storage and transportation of perishable goods.
- The use of natural refrigerants, such as CO2 and ammonia, has become more popular as they are environmentally friendly and have a low global warming potential.
- The refrigeration industry is working towards developing more energy-efficient and sustainable systems to reduce energy consumption and greenhouse gas emissions.
- In some parts of the world, such as India, there has been a shift towards using solar-powered refrigeration systems to reduce reliance on traditional electricity sources.
- The COVID-19 pandemic has also impacted the refrigeration industry, with increased demand for refrigeration units for storing vaccines and medical supplies.
- The development of smart refrigeration systems, which can monitor temperature and humidity levels remotely and adjust settings accordingly, is also a growing trend in the industry.
- The refrigeration industry is also facing challenges related to the availability and cost of raw materials, such as steel and copper, which are used in the production of refrigeration systems.
India now has become the largest production hub for two-wheelers for Honda globally.
In terms of sales, India overtook Indonesia to emerge as the largest market for Honda's two-wheeler operations last fiscal. India contributed 28% to Honda's global two-wheeler sales in the last financial year.
Aoyama informed, "The growing Indian 2W market is top priority for Honda. To better meet dynamic market demand and to prepare for future opportunities, today Honda has inaugurated the fourth assembly line in Karnataka plant.
Aoyama informed, "The growing Indian 2W market is top priority for Honda. To better meet dynamic market demand and to prepare for future opportunities, today Honda has inaugurated the fourth assembly line in Karnataka plant. With this, the Narsapura plant will now produce 24 lac two-wheelers annually. This makes Narsapura the world's largest two-wheeler plant for Honda and also India the number one production base for Honda globally."
Honda commissions fourth assembly line in Karnataka
