Sharp Corporation, through its subsidiary Sharp Business Systems (India), has re-entered the air-conditioner segment in India, with the launch of three AC series - Reiryou, Seiryo, and Plasma Chill, designed to withstand India's extreme climate.
Sharp plans to integrate its patented plasmacluster technology into its air conditioners, ensuring fresher and cleaner air by replicating nature’s purifying power. Sharp Business Systems (India) has been offering B2B and B2C solutions in office, visual, and home segments for over 25 years.
The sector is witnessing growth due to energy-efficient models and increased investment in local manufacturing. Projections indicate a 12 percent CAGR, reaching Rs 50,000 crore by FY29.