India's share in global air conditioning units to jump from 2.2% to almost 25% by 2050
NEW DELHI: Increasing incomes and urbanisation will see increase in room air conditioning units from 1.2 billion to 4.5 billion in the world by 2050 when India alone may account for one billion units.
India will, in fact, see a phenomenal growth during the period - from 26.3 million installed stock of room air conditioner (RAC) units in 2016 to over 1 billion in 2050. It means its share will jump from 2.2% of the overall RACs globally to almost 25% in next three decades.
India will, in fact, see a phenomenal growth during the period - from 26.3 million installed stock of room air conditioner (RAC) units in 2016 to over 1 billion in 2050. It means its share will jump from 2.2% of the overall RACs globally to almost 25% in next three decades.
“A winning technology could prevent up to 100 gigatons (GT) of CO2-equivalent emissions by 2050, and put the world on a pathway to mitigate up to 0.5 degree C of warming by 2100,” said a government statement.
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