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 Indiaalone may account for one billion units, posing a serious challenge to the global community which is fighting climate change and rising temperatures.
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.
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