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Region: Asia

Future of HVAC in India is bright, says Magneto Clean Tech

The HVAC industry has immense potential in India, the overall growth rate is positive, says Himanshu Agarwal, CEO and Founder, Magneto Clean Tech


New Delhi, India, 18 June 2019: The HVAC industry in India has immense potential but is heavily dependent on the economic activity around the building industry, said Himanshu Agarwal, CEO, and Founder, Magneto Clean Tech, while providing an overview on the HVAC market in India. In the last few years, heavy debt has propelled the industry to undergo a restructuring, which has led to excessive competition and a price war, he said. From a broad perspective, Agarwal said, air pollution in India is high and the awareness regarding the bad air quality is a subject that is given more attention every day. This he said, will lead to high demand for air systems.

Elaborating on Magneto Clean Tech, a New Delhi-based HVAC company, Agarwal said: “Magneto Clean Tech invents and popularises clean air technology for developing nations. We focus on making clean air accessible to everyone, whether in homes, in the office or in buildings.” By pushing the limits of engineering, he said, we are able to build the highest quality of products that exhibit performance. While providing an overview of the work done in the year 2018, he said, we delivered clean air to a total area of 2.5 million square feet. “The year 2019, Agarwal said, looks bright as the company’s projected growth rate is over 100%.

Magneto Clean Tech’s products, he said, have energy-saving benefits due to a very low-pressure drop in the air conditioner. They clean the air holistically, removing dust, micro-organisms and even harmful gases, he said. “We have successfully commercialised a proprietary way of purifying indoor air that is fundamentally superior to current methods,” he said. In addition, Agarwal highlighted that the company has a diverse range of air-purification products that deals with PM 2.5, along with infection control, which as a technology, is being received with an overwhelmingly positive response from users.

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