A Group company of Japanese multinational Mitsubishi Electric, the Bangalore-headquartered Climaveneta Climate Technologies, is investing over INR 400 crore in the state-of-the-art plant at Narsapura, Kolar district, a key industrial hub located around 50 km from Bengaluru.
Climaveneta is a pioneering manufacturer of high-efficiency cooling equipment and precision as well as data center cooling systems. Presently having an order booking of over INR 500 Cr, the company is targeting to double the annual order intake in the next 5 Years.
Export hub in cooling systems
The state-of-the-art plant will manufacture central air-conditioning equipment such as Screw Chillers
Climaveneta Climate Technologies (CCT), India’s fastest growing chiller producer and market pioneer in Co-location DC Chillers in India, will also be a major export hub in cooling systems for nearby regions.
The state-of-the-art plant will manufacture central air-conditioning equipment such as Screw Chillers, Magnetic Levitation Technology Chillers, Scroll Chillers, Conventional Centrifugal Chillers, High Precision AC units, Heat Pumps, for HVAC application.
Data center infrastructure
CCT Serves major clients all over India, that include pioneering global DC Companies, Multinational Hotel Chains, Health Care establishments, Malls, Multiplexes, Commercial Projects of Pioneering Developers, Corporate Groups and Industrial applications.
Mr. Anil Dev, Chief Executive Officer, Climaveneta Climate Technologies, India, said: “India’s rapid digitalization, driven by government initiatives, e-commerce, cloud adoption, and AI, calls for a strong data center infrastructure, to support this growth."
HVAC products and solutions
Climaveneta India is building on the high demand and growth story of the data center markets in India
Dev added: "Reliable cooling systems are essential to prevent equipment failures in data centers. CCT’s advanced, sustainable, and efficient air conditioning solutions ensure ideal environments across data centers, commercial buildings, healthcare, manufacturing, and more, supported by intelligent plant automation and optimization solutions to provide the most reliable and efficient environment & infrastructure for such projects."
Climaveneta India is building on the high demand and growth story of the data center markets in India. This market is concentrated largely in West India (Navi Mumbai), followed by Chennai, Bengaluru, Hyderabad, Pune and Kolkata. The company is also a pioneer in providing other highly efficient HVAC products and solutions and has to their credit several innovations introduced by them in India.
central air conditioning equipment
“Bengaluru, with its skilled talent and established industries, is ideal for our facility, which will create approximately 500 jobs. It will also manufacture a wide range of central air conditioning equipment for both domestic and international markets."
"We will always strive to bring efficient technologies to the Indian market and pursue ethical growth by giving the highest priority to sustainability and protection of the environment,” added Anil Dev.
HVAC monitoring & diagnostic systems
HVAC kit accounts for a notable portion of a facility or a building’s energy consumption and operating costs
HVAC equipment accounts for a significant portion of a facility or a building’s energy consumption and operating costs. HVAC monitoring & diagnostic systems can help to lower these expenditures by continuously monitoring the environmental conditions, health and operating efficiency of the plant, providing automatic alerts in case of deficiency in performance. They also help to minimize breakdowns.
Mr. Masafumi Ando, Chief Executive Officer, Mitsubishi Electric Hydronic and IT Cooling S.p.A, said: “The group is targeting 2050 for achieving complete carbon neutrality and Climaveneta India is playing a major role in this plan. Climaveneta India’s products are vital now given the buoyant Indian economy and also the sudden and rapid change in industrial dynamics."
Global warming implications
"Europe and many developed countries are phasing out refrigerants that have global warming implications and hence alternative technologies are the need of the hour. The company’s products ensure zero percent ozone depletion, and the current high demand for environment-friendly and energy-efficient cooling systems reflects this change.”
“Mitsubishi Electric plans to enhance its investment over the next few years and expand operations in and around Bangalore as well as other locations," said Atsushi Takase, Managing Director, Mitsubishi Electric India.
IMEC and TMEIC
Mitsubishi Electric Group already has two more of its companies in the Karnataka region
Takase added: "The vast availability of skilled manpower and the presence of manufacturing and technology companies in the city and a favorable government policy is the biggest pull factor for Mitsubishi Electric,”
Apart from Climaveneta India, the Mitsubishi Electric Group already has two more of its companies in the Karnataka region – Mitsubishi Elevator India Private Limited (IMEC) and Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC), a 50-50 joint venture between Japan’s Toshiba Corporation and Mitsubishi Electric Corporation, which manufacture Elevators, Escalators & UPS Solutions, respectively.
Achievements of Climaveneta Climate Technologies
- Fastest Growing Chiller Manufacturer in India
- A Market Pioneer in Co-location DC Chillers
- First to manufacture in India & supply AHRI Certified Data Center Application Specific Chillers (Air Conditioning Heating Refrigeration Institute, the Global Performance certifying Agency headquartered in USA)
- First to start manufacturing & supply of Lowest Global Warming Potential (GWP) refrigerant R1234ze based Chillers in India for DC application
- First to launch & supply Made in India, State of the Art Magnetic Levitation Air Cooled Chillers
- First to start manufacturing in India “Plug & Play” Chillers with inbuilt Pumps with integrated variable flow control management
