CARRIER AIRCON & REF. LTD

COMPANY NAME CARRIER AIRCON & REF. LTD
NATURE OF BUSINESS MANUFACTURING AIR CONDITNOR & EQUIPMENTS
ISIN NO INE040I01011
FACE VALUE Rs.10/-
PROMOTERS ASHOK MOTIRAM MIRCHANDANI
COMPANY WEBSITE www.carrierindia.com
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Latest News

New Global Study Supports Healthy Buildings as a Critical Public Health Strategy

0Study conducted in India and five other countries backs prior findings that improved indoor air quality leads to enhanced cognitive function and health of building occupants

For the first time on a global scale, new research has found that healthy buildings with enhanced ventilation can improve the cognitive function and health of occupants, suggesting that ventilation and filtration are preeminent healthy building strategies. The study, COGfx Study 3: Global Buildings, was led by researchers from the Harvard T.H. Chan School of Public Health as part of the renowned COGfx Study series, which examines the impact of indoor air quality on how people think and feel. This latest study supports the prior studies’ lab and U.S. findings and further supports that indoor air quality is not only good for people’s health and safety, it’s good for the bottom line – through increased productivity, fewer sick days and better cognitive function.

“As many people move toward returning to offices, schools and commercial buildings, the health, safety and intelligence of indoor environments have come into greater focus,” said Chirag Baijal, Managing Director, Carrier India. “The COGfx Study continues to demonstrate that proper ventilation and filtration of indoor environments plays an important role in healthier buildings. At Carrier, we are focused on delivering innovative solutions and services that positively impact the health, productivity and cognitive performance of occupants of India’s buildings.”

In 1906 Carrier discovered that “constant dew-point depression provided practically constant relative humidity,” which later became known among air conditioning engineers as the “law of constant dew-point depression.” On this discovery he based the design of an automatic control system, for which he filed a patent claim on May 17, 1907. U.S. Patent 1,085,971 was issued on February 3, 1914.

On December 3, 1911, Carrier presented what is perhaps the most significant document ever prepared on air conditioning – Rational Psychrometric Formulae – at the annual meeting of the American Society of Mechanical Engineers. It became known as the “Magna Carta of Psychrometrics.”  This document tied together the concepts of relative humidity, absolute humidity, and dew-point temperature, thus making it possible to design air-conditioning systems to precisely fit the requirements at hand. Established in the year 1986, Carrier Airconditioning & Refrigeration Limited is engaged in manufacturing and exporting of Ceiling Suspended Air Conditioning Unit, Ducted Air Conditioning Unit, Carrier Ducted Air Conditioning Unit, Cassette AC and Tower AC.

Carrier is a world leader in high-technology air-conditioning solutions. Carrier is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide.UTC was ranked at 45th position in Fortune 500 list of global corporations in 2014. Built on Dr. Willis Carrier’s invention of modern air conditioning in 1902, Carrier’s research, expertise and innovation have resulted in market leading solutions. We recognize the vital importance of maintaining a responsible balance between the comfort we create today and the world we live in tomorrow. Millions of people trust Carrier’s leadership in delivering effective solutions.

Over the years, Carrier India has significantly contributed to promoting sustainability. Carrier is the only company in the world to be a founding member of the Green Building Councils of the U.S., Argentina, China, India, Singapore, and France. In fact, Carrier was instrumental in launching the U.S. Green Building Council® (USGBC) in 1993 and was the first company in the world to join the organization.It invests in R&D resources to advance energy efficiency, ozone layer protection and low global warming technologies in its products.

Carrier’s efforts in promoting sustainability can be quantifiably measured by means of the Carrier Conservation Meter, which meticulously calculates the avoided greenhouse emissions with the help of Carrier products, globally since 2000.ACE (Achieving Competitive Excellence) is our proprietary operating system to ensure world-class quality in our products and processes. With its relentless focus on increasing efficiency and reducing waste, ACE is integral to the company’s performance model. The company’s facilities worldwide are using the operating system to improve quality and customer satisfaction while lowering cost.
Carrier’s presence in India dates back to 1986 when Carrier India was established. In the year 1988, the first manufacturing facility was commissioned in Gurgaon, Haryana. Spread in an area of 19 acres, this state-of-the-art facility consists of highly automated manufacturing unit, an excellent R&D Center and an advanced Quality Clinic.

Our comprehensive Environment, Health & Safety (EH&S) program establishes a framework and provides tools for implementing our EH&S practices into our business & culture. The Carrier Gurgaon facility holds a distinctive record of delivering over 17 million man hours without a lost work day incident, clearly citing the measures of safety followed here

Air conditioning (often referred to as AC, A/C,) is the process of removing heat and moisture from the interior of an occupied space to improve the comfort of occupants. Air conditioning can be used in both domestic and commercial environments. This process is most commonly used to achieve a more comfortable interior environment, typically for humans and other animals; however, air conditioning is also used to cool and dehumidify rooms filled with heat-producing electronic devices, such as computer servers, power amplifiers, and to display and store some delicate products, such as artwork.

Air conditioners often use a fan to distribute the conditioned air to an occupied space such as a building or a car to improve thermal comfort and indoor air quality. Electric refrigerant-based AC units range from small units that can cool a small bedroom, which can be carried by a single adult, to massive units installed on the roof of office towers that can cool an entire building. The cooling is typically achieved through a refrigeration cycle, but sometimes evaporation or free cooling is used. Air conditioning systems can also be made based on desiccants (chemicals which remove moisture from the air). Some AC systems reject or store heat in subterranean pipes.

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