Nirmal Bang: Regulatory Shift To Strengthen Competitive Edge For Johnson Controls-Hitachi

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.The government policies towards air conditioner manufacturing in India are undergoing a strategic shift, with various measures such as phased manufacturing programme, review of FTAs with strict conditions and quality control order for component imports.This would make imports costlier and encourage the AC firms to make in India by developing the component ecosystem.Johnson Controls-Hitachi Air Conditioning India Ltd. is well placed to benefit from this change due to backward integrated manufacturing capabilities, India-specific research and development, presence of group companies in supply chain and one-of-its-kind global development center capable of designing and developing ACs for India as well as global needs.It aims to fortify the company’s competitive edge by cutting its imports by half and expanding its exports by three times over the next three years.We believe that the company is nearing an inflection point of reporting stronger volume growth and robust margin expansion..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Nirmal Bang: Regulatory Shift To Strengthen Competitive Edge For Johnson Controls-Hitachi

Nirmal Bang: Regulatory Shift To Strengthen Competitive Edge For Johnson Controls-Hitachi

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