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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.
Dec 19, 2025
Daikin Aims to Make India An Export Hub by 2030
India: Daikin Air Conditioning India, a subsidiary of Japan's Daikin Industries, is set to expand its operations significantly over the...
brg_news_room
Jul 1, 20241 min read
IMF Forecasts 6% Growth for Vietnam in 2024
Vietnam: The International Monetary Fund (IMF) forecasts Vietnam's economy to expand by nearly 6% in 2024, supported by a recovering...
ravi_sharma
Jun 27, 20241 min read


World Bank Highlights Indonesia's Strong Economic Framework and Growth Prospects
Indonesia: Indonesia's economy is projected to remain resilient due to the government's strong macro-economic policy framework which is...
shivansh_tiwari
Jun 26, 20241 min read
Samsung Sees Surge in Air Conditioner Sales in Korea
South Korea: Samsung has noted a surge s in sales of air conditioners in its home market in Korea during the current summer season....
ravi_sharma
Jun 25, 20241 min read
Bangladesh Customs Seizes Substandard Chinese Refrigerants
Bangladesh: Customs officials at the port of Chittagong have intercepted Chinese shipments of substandard refrigerants valued at up to...
ravi_sharma
Jun 24, 20241 min read
Daikin Targets 2 Million AC Units in India
India: Daikin, an air conditioner manufacturer, aims to produce two million units in India this fiscal year and is exploring more export...
ravi_sharma
Jun 24, 20241 min read
Lixil Announces Price Hike for Residential Building Materials Amid Rising Costs
Japan: LIXIL announced on June 20 a revision to the manufacturer's suggested retail prices for some residential building materials and...
ravi_sharma
Jun 21, 20241 min read
China's Industrial Growth Slows As Property Slump Persists
China: China's industrial output for May grew by 5.6% year-on-year, falling short of expectations and slowing from April's 6.7% growth,...
ravi_sharma
Jun 21, 20241 min read
India's AC Market Soars Amid Heatwave, Manufacturers Airlifting Components
India: Air-conditioning manufacturers in India are airlifting components, such as compressors and crossflow fans/motors, to meet the...
ravi_sharma
Jun 20, 20242 min read
Thailand's Air Conditioner Market Grows by 30% Amid Rising Temperatures
Thailand: High temperatures are expected to drive a significant increase in air conditioner sales and maintenance in Thailand, with the...
ravi_sharma
Jun 20, 20241 min read
Hitachi Planning to Sell its Stake From Johnson Controls-Hitachi JV
USA/Japan: Hitachi is planning to sell its 40% stake in the Johnson Controls-Hitachi Air Conditioning joint venture, with potential...
ravi_sharma
Jun 19, 20241 min read
Havells to Invest USD 7 million in Expanding AC Production Capacities
India: Home appliances maker Havells has announced an investment of Rs 50-60 crore (USD 6-7.1 million) to expand its air conditioner...
brg_news_room
Jun 14, 20241 min read
Hansgrohe to Expand Presence in India with 50 New Stores
India: German sanitary fittings manufacturer Hansgrohe is set to expand its operations in India by opening 50 new stores across the...
brg_news_room
Jun 14, 20241 min read
IMF Lowers Growth Forecast for the Philippines Amid Weak Consumption and Investment
Philippines: The International Monetary Fund (IMF) has revised its growth forecast for the Philippines, citing weaker-than-expected...
brg_news_room
Jun 12, 20241 min read
Acquaviva Appoints Bantwal Ramesh Baliga as Chief Executive Officer
India: Acquaviva, a luxury Italian bathroom accessory brand in India, has announced the appointment of Bantwal Ramesh Baliga as the...
brg_news_room
Jun 12, 20241 min read
Thailand Targets Economic Growth with Tourism and Investment
Thailand: Thailand aims for at least 3% economic growth in 2024, seeking to attract 36.7 million tourists and boost public and private...
brg_news_room
Jun 11, 20241 min read
Air Conditioner Prices Expected to Rise in Bangladesh
Bangladesh: The government has proposed a 7.5% value-added tax (VAT) on air conditioners for the next fiscal year's budget, a significant...
brg_news_room
Jun 7, 20241 min read


2023 Market Challenges: Sales Decline in most European countries, Yet Russia and Turkey See Increase
BRG is pleased to announce the recent publication of the 2024 Bathroom and Kitchen market reports for its tiers 1 and 2 countries. BRG...
brg_news_room
Jun 6, 20242 min read
UK Construction Industry Reaches Two-Year High in Production Growth
UK: Britain's construction industry experienced its fastest production growth in two years, driven by increased demand and easing cost...
brg_news_room
Jun 6, 20241 min read
Daikin Continues To Invest in Australia
AUSTRALIA: Japanese HVAC giant, Daikin is building a new 7500- square meter facility near Sydney. The new location extends on their...
brg_news_room
Jun 5, 20241 min read
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