Following the acquisition of AIRCALO in France last April and the opening of a new factory in Vietnam in June, we are excited to announce the expansion of our Bangalore facility in India, home to Climaveneta Climate Technologies PVT LTD. The facility has been enlarged from 10,000 to 18,000 square meters, adding a new AHRI-certified test room for R&D and witness testing, as well as doubling the production capacity for all chiller and HPAC system lines.
This expansion allows us to strengthen and diversify our range of applied solutions, with products specifically developed for local markets and faster delivery times thanks to increased production capacity. The applied sector is experiencing significant growth, driven by the expansion of IT cooling business, global electrification, and the rising focus on occupant well-being and indoor air quality in buildings.

The inauguration ceremony of the new facility took place on November 8, with the participation of our managers and a press conference for local media to give maximum visibility to this important investment. To feel closer to our colleagues in India, we are pleased to share some snapshots from the ceremony.