Name

Carrier Midea

Legal name

Carrier Midea India Private Limited

Website

https://carriermideaindia.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Air Conditioning & HVAC Systems

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)

akta.pro primary industry

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)

akta.pro secondary industries

HVAC, Water Heaters & Indoor Air Quality Distribution (CRAOAFAJ), Compressors, Refrigeration Components & Condensing Units (IMADANAG), Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG)

Keywords

• HVAC systems
• Air conditioning
• VRF systems
• Commercial cooling
• Residential AC

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices20 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Air Conditioner Sales: Primary revenue stream from manufacturing and selling room air conditioners (Carrier and Midea brands), light commercial ACs, and VRF systems. Products available in multiple variants with different star ratings and tonnage options targeting residential and commercial customers.
2. Spare Parts and Accessories: Sale of CAMIPRO branded spare parts including indoor units, outdoor units, stabilizers, copper tubing, refrigerant cylinders, compressors, and accessories for HVAC systems maintenance and repairs.
3. Installation Services: Professional installation services provided through authorized service partners, with charges applicable for installation and related services.
4. Annual Maintenance Contracts (AMC): Happy Homes Annual Maintenance Plans offering comprehensive service support including preventive maintenance, repairs, and parts replacement with different coverage tiers.
5. Extended Warranty Programs: 5-year extended warranty programs (1 year standard + 4 years extended) available for purchase, with registration fees of INR 99 + GST for Carrier products and promotional scheme periods throughout the year.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Carrier Midea India manufactures and sells residential and commercial air conditioning solutions under the Carrier and Midea brands, including split and window room air conditioners, light commercial ACs (ductable and cassette units), and VRF (Variable Refrigerant Flow) systems for large projects. The company operates an in-house manufacturing facility in Supa, Maharashtra, complemented by a pan-India distribution network of 50+ authorized dealers, 21 branch offices, and 1000+ dealer points.

Product overview

Carrier Midea India is a joint venture between Carrier and Midea Group offering a comprehensive portfolio of air conditioning solutions for residential and commercial applications. The product portfolio consists of two main brand lines: Carrier Room Air Conditioners (featuring XCEED, XCEL, XPERT, INDUS, ESTER, ESTRELLA series) and Midea Room Air Conditioners (featuring SANTIS and MARVEL series), both available in split and window configurations with Fixed Speed and Inverter variants. Commercial offerings include Light Commercial ACs (ductable and cassette units) and full VRF (Variable Refrigerant Flow) systems comprising outdoor units (V8X, Atom, VC series) and indoor units (ducted, cassette, ceiling/floor, wall-mounted types). Supporting services include Camipro spare parts, Carrier Cool Connect smart app, extended warranty programs, Annual Maintenance (AMC) services, and a Tonnage Calculator tool. All products are manufactured at the company's facility in Supa, Ahmednagar, Maharashtra, with a pan-India presence across 50+ authorized dealers and 21 branch offices.

Differentiator

Problem solved

Functional benefit

Brands

• Carrier: Premium air conditioning brand known for inventing modern air conditioning technology, offering room air conditioners, commercial ACs, and VRF systems
• Midea
• Camipro

Products and services

• Carrier Room Air Conditioners Residential split and window air conditioners under the Carrier brand, available in Fixed Speed and Inverter variants with capacities from 1 ton to 2 tons. Product lines include XCEED, XCEL, XPERT, INDUS, ESTER, and ESTRELLA series featuring Wi-Fi connectivity, AI-powered controls, and energy efficiency ratings up to 5 stars. Designed for individual homeowners, families, and residential spaces.
• Midea Room Air Conditioners Residential split and window air conditioners under the Midea brand featuring SANTIS series (ACE, MAX, NXG, NEO, PRO-X, MEGA variants) and MARVEL series. Available in Fixed Speed and Inverter variants with smart features including Wi-Fi AI+, PM 2.5 filters, and energy efficiency up to 5-star ratings. Targeted at value-conscious residential consumers.
• Light Commercial Air Conditioners Light commercial ACs including ductable units (High Static and Medium Static) and cassette units (Four-Way, One-Way) designed for retail shops, offices, restaurants, and small commercial establishments. Features include Scroll Compressor technology and long-distance airflow up to 65FT. Targeted at light commercial businesses.
• VRF Outdoor Conditioner Commercial VRF (Variable Refrigerant Flow) outdoor units including V8X Series, Atom C Series, Atom B Series, VC Max Series, VC-i Series, and V8S Series. Available in heat pump and cooling-only configurations with capacities from 3.5 kW to 38 HP. Features wide operating ranges from -30°C to 55°C for extreme climate suitability and modular connectivity.
• VRF Indoor Unit VRF indoor units including High Static Duct, Medium Static Duct, Four Way Cassette (Standard and Compact), Ceiling & Floor, Fresh Air Process (TFA), Wall Mounted, One Way Cassette, Two Way Cassette, AHU Kit, and Small Fresh Air Process units. Capacities range from 0.4 TR to 16 TR for diverse commercial applications.
• Camipro Spare Solutions Comprehensive range of spare parts and accessories for HVAC systems including Indoor Units, Outdoor Units, Stabilizers (0.5 KVA to 5 KVA), Copper tubing (various sizes for R22, R32, R410a), Gas Cylinders (R-22, R32, R410A), Compressors (Rotary, Scroll, Reciprocating from brands like GMCC, Highly, Rechi, Emerson, Sanyo, Danfoss), and Factory Authorized Parts (FAPs) for Carrier and Midea products.
• Annual Maintenance (AMC) Services - Happy Homes Plans Happy Homes Annual Maintenance Plans providing comprehensive service support including Happy Homes By Smart Savings (waived functional parts and labor), Happy Homes By Smart Assistance (trained engineers with genuine spare parts), and Happy Homes By Smart Summon (quick resolution for unforeseen issues). Professional installation services also provided through authorized service partners.
• Extended Warranty Programs (Carrier 5-Year & Midea Extended Warranty) 5-year comprehensive warranty programs (1 year standard + 4 years extended) for Carrier Split Inverter ACs (up to 2.0T) with registration fee of INR 99 + GST. Midea Extended Warranty allows customers to register products and extend warranty coverage beyond the standard period through an online registration portal. Promotional scheme periods run throughout the year.

Quantifiable outcome

• Energy savings through 5-star rated inverter ACs with advanced cooling technology
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature11 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• Indian Manufacturing Partner (JV)coreStrategic or Co-development Partner · 1 January 2026Midea Group (parent of Carrier Midea India) is in final stages of establishing a local manufacturing joint venture in India. Commercial and sales operations will be handled directly while manufacturing will be conducted through a local partner. Work on Press Note 3 FDI regulations currently underway. Midea plans to significantly increase India-specific R&D investments once local manufacturing begins.
• Carrier Global CorporationflagshipStrategic or Co-development Partner · 1 January 2012Carrier Midea India is a joint venture between Carrier Global Corporation and Midea Group Co. Ltd., established in 2012. Carrier, founded by Willis Carrier in 1902, is renowned for inventing modern air conditioning and is a Fortune 500 company. CMI has exclusive rights to manufacture and sell Carrier residential air conditioners in India.
• Midea Group Co. Ltd.flagshipStrategic or Co-development Partner · 1 January 2012Joint venture partner and Fortune 500 company specializing in HVAC, home appliances, robotics and automation, smart home and IoT. Midea Group has 43 global production centers, over 190,000 employees, and annual revenue of $52 billion in 2023. CMI has exclusive rights to manufacture and sell residential and light commercial Midea air conditioners (HVAC) in India.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• LG Electronics India: LG India manufactures and sells a broad range of room ACs (including inverter and AI/ThinQ-enabled models) and commercial HVAC. It competes head-on with CMI in residential and light commercial segments with strong brand equity and nationwide service network.
• Panasonic India: Panasonic Life Solutions India sells inverter and AI-enabled ACs (nanoe™ X technology) targeting the premium-mid segment. It competes with CMI on smart features and brand-led marketing, though with smaller installed base than top players.
• Blue Star: Blue Star is an Indian HVAC and refrigeration major with deep commercial/project expertise (VRF, chillers, ducted systems) and a growing residential RAC presence. It is a comparable peer in both commercial HVAC and B2C AC segments.
• Daikin Air-conditioning India: Daikin India is a wholly-owned subsidiary of Daikin Industries (Japan) and a top-tier player in Indian RAC and VRF markets with large-scale local manufacturing at Neemrana. It directly competes with CMI across residential, commercial, and VRF segments.
• Voltas: Voltas (a Tata Group company) is the market-leading Indian room AC brand with deep national distribution, in-house manufacturing, and a similar product portfolio spanning residential, light commercial, and HVAC solutions. It competes directly with both Carrier and Midea brands across price points.
• Samsung India Electronics: Samsung India offers Wind-Free and AI-enabled inverter ACs manufactured at its Sriperumbudur facility, competing across residential and light commercial segments. Comparable in product breadth, smart-feature marketing, and nationwide service.
• Lloyd (Havells India): Lloyd, owned by Havells India, manufactures and sells ACs (split, window, inverter) from its Sahibabad plant, with strong mid-market positioning. It competes with CMI's Midea brand in the value-conscious consumer segment.
• Hitachi Home & Life Solutions India: Hitachi India manufactures and sells premium room ACs (window and split, inverter) under the Hitachi and Hitachi-Kashi brands, with manufacturing at Kadi, Gujarat. It is a direct competitor to Carrier's premium positioning in the Indian RAC market.
• Whirlpool India: Whirlpool India manufactures room ACs (3-star and 5-star inverter) at its Faridabad facility and sells through a multi-brand retail network. It is a comparable peer in the residential inverter AC category with similar distribution-driven GTM.
• Haier India: Haier India manufactures ACs at its Greater Noida facility and competes in the value and mid-premium segments, similar to Midea's positioning. Also a Chinese-origin competitor with parallel India manufacturing strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/carriermideaind

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carrier Midea