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videos | IST

Ban on import of ACs with refrigerants a positive for large players

The government on Thursday issued a notification banning import of air conditioners with refrigerants. This means that many of the larger players who have been importing air conditioners and refrigerants separately, won’t be impacted.

The government on Thursday issued a notification banning import of air conditioners with refrigerants. This means that many of the larger players who have been importing air conditioners and refrigerants separately, won’t be impacted. But the move will hurt smaller players who import air conditioners with refrigerants. The government is taking this step to promote domestic manufacturing and cut imports on non-essential items.
To know more, watch the video.