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BRICS development bank TII-challenging year with flat growth Applauding enterprise... ALL to launch electric busses Backpack laboratory Steel loses its sheen Realty sector takes a break... Smart controls for cooling large multi-zone spaces ... Apple maps – finding its way More gensets and diesel engines from TAFE Creating Tamil Nadu Banana brand Flexible labour laws… Illicit markets a concern to growing economy Four daughters and a proud father Veritas Finance- financing the unfinanced IFCI to raise NCDs upto Rs 2000 crore Purdue and IIT-M sign the dotted line Reality bytes CUB: towards card-less withdrawal Changing dynamics in human resource management Celebration time at MS Chola Nothing to hide... Time to fast-pace the logistics sector An aerospace-defence cluster in Tamil Nadu… Holiday Inn opens in OMR Chennai TiE applauds innovative entrepreneurs A global plastic event in India Dynamic e-commerce scenario Bridging the skill deficit in pharma industry Scoot offers just Rs.13,500 to ANZ... Well-refined – RIL’s refinery margins zoom STFC raises money Ridley marathon to India Secured NCDs from Shriram City ISRO's 100th mission TII’s single largest investment at Thiruthani Adding Zest to Scooty SumInfra- corridor based development... Realising double digit growth in Tamil Nadu European crisis is a global crisis! Celebrating 180 years of relevance Housing Innovation Challenge, 2015 Sun Edison launches solar pumps Connecting the unconnected When Centre visits the state TCS’ revenues cross Rs 100,000 crore AirAsia India infuses funds to fight out competition Chennai to get a roundabout Metro Gem of social service... Big-ticket investments march towards Punjab Carrefour’s quick exit ALL – truck industry is recovering from degrowth TVS Logistics – another acquisition to sharpen the business model Schwing Stetter India joins hands with US-based Gomaco Brand leaders come forward... Business Briefs Strategy war escalates between Hero and Honda Hero Motocorp - smooth ride Climate change may change the way businesses work... Research needs more funding Economic, business and social sustainability On the ‘milky’ way OBO Bettermann for better lightning protection Blue Star plans a new plant in south Tata Steel commence operations at Kalinganagar Towards peace of mind Hyundai excites again Durga - India’s largest blast furnace; now operational Focus on self-certification and third party inspection TOP 10 CEO Compensation Innovation that helped Chennai port Curbing steel imports will hurt small business... Nigeria comes nearer World labour laws at a glance Chennai Port is at last decongested! Three more leather clusters… Indian Bank – global businesses crosses Rs 3 lakh crore... Murugappa- a year of consolidation Auto test tracks launched at GARC Oragadam campus Airlines wage price war Striking cords for 25 years… Chola MS net crosses 100 crores The new look- 4s Verna Inclusive and forward moving... An American alliance in the chemical industry? LVB gears to become a financial supermarket Chennai will soon get its World Trade Centre Rating of states to be released soon Placing the right shoe forward... Make way for the new and dynamic railways Techies trip to India ECGC expands operations Economic issues take a back seat at G20 summit Pharma market dozes WABCO’s second Chennai plant Automotive Vision Plan II... Investor friendly Japan Industry-well poised to invest on expansion ALL-two launches in a row Downsizing spree... Chola MS launches motor app Need to focus on ease of doing business... Is Indian telecom industry heading for a monopoly? People Flow Day- Safety Business Breif Waste, a gold mine Digital retail transactions stabilise at higher level… Indigo stays leader with 40 per cent share - TN budget pragmatic and moderate on fiscal deficit
 
Smart controls for cooling large multi-zone spaces ...
Blue Star launched the fourth generation, 100 per cent inverter Variable Refrigerant Flow (VRF) air-conditioning system. A VRF system is a sophisticated and intelligent system that cools large multi-zone spaces with varying heating and cooling needs through smart controls. VRF technology was introduced in Japan and has been widely accepted for its advantages such as high power savings up to 50 per cent compared to conventional air-conditioners. This new product from Blue Star is built to suit Indian conditions with 100 per cent cooling capacity even at 43 degree Celsius.

“Blue Star VRF IV Plus is a landmark indigenous introduction to Indian HVAC market and will set benchmark for our competitors,” said B Thiagarajan, Executive Director & President– AC&R Products Business, Blue Star Ltd.  Blue Star plans an export worth Rs 500 crore by 2018 to SAARC countries, Middle East and South Africa, that have similar weather conditions such as India. The company has

invested Rs 30 crore on research and development out of which Rs 20 crore has been used to develop VFR technology. Blue Star also has plans to shift manufacturing units to south, shutting down few plants in north India.

The global air-conditioning market, comprises of a range of products such as chillers, VRF systems, packaged/ducted systems as well as room air-conditioners, stands at a cumulative value of USD 90 billion. The VRF market contributes to 9 per cent of the global market. The Indian market is estimated to be around Rs 15,000 crore, out of which 6 per cent comprises of VRFs.

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