Toshiba AC India
Toshiba AC India, operated by Carrier Airconditioning & Refrigeration Limited, sells premium residential and commercial air conditioning systems — including Hi-Wall, Cassette, Ducted, and VRF products — through a pan-India authorized dealer network and 21 regional offices, leveraging Japanese inverter technology heritage and local manufacturing in Gurgaon.
- Company typePrivate
- Founded1986
- HeadquartersGurgaon, India
- Headcount1–10
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Toshiba AC India does
Toshiba AC India, legally operated by Carrier Airconditioning & Refrigeration Limited (CIN U29309HR2018FTC074872), is the India business for the Toshiba-branded air conditioning portfolio. The company sells residential and commercial air conditioning equipment including Hi-Wall (inverter, fixed-speed, and the design-forward Shibui variant), Inverter Cassette units, the Stable Power Inverter Ducted (SPI Ducted) system, and an extensive VRF (Variable Refrigerant Flow) portfolio covering SMMS-7 and SMMS-E top-discharge outdoor units, Mini SMMS side-discharge units, and over 14 types of indoor units (Hi-Wall, 1-way/2-way/4-way cassettes, slim and high-static-pressure ducts, fresh air intake, under-ceiling, bi-flow console, floor-standing, and air-to-air heat exchangers). Core technology is inverter-driven variable-speed compression (Toshiba invented the modern inverter AC in 1980), twin rotary compressor architecture, R32 eco-refrigerant, and ISEER ratings up to 9.05 on commercial VRF and 4.62 on residential cassette products, with operation validated up to 52°C ambient temperature for Indian summer conditions. The SMMS Wave Tool uses NFC for smartphone-based commissioning and diagnostics without mains power.
The business model is hardware sales of HVAC equipment through an authorized dealer and distributor network across India, complemented by installation, maintenance and after-sales service through authorized service centers. There is no public pricing or direct-to-consumer e-commerce; customers locate dealers via the website or call a toll-free helpline (1800-3000-3545). Commercial and enterprise projects are handled through 21 regional branch offices. Customer segments span residential (homeowners, apartments), commercial offices, hospitality (Holiday Inn, Lemon Tree, Fortune, GRT, Gateway), banking (HDFC, Yes Bank), retail (Reliance Retail), real estate developers (TATA Housing, M3M, Emaar MGF, Ambience, Kalpataru, L&T Arun Excello), manufacturing (Renault Nissan) and education (Chennai Mathematical Institute). Warranty terms are 1 year on complete unit, 5 years on compressor, and 10 years on select inverter models.
Toshiba AC India is a wholly-owned subsidiary of Carrier Global Corporation (NYSE: CARR). Carrier acquired Toshiba Carrier Corporation (TCC) in July 2022; TCC was renamed Carrier Japan Corporation (CJC) on May 1, 2024. Carrier has been present in India since 1986 with manufacturing operations starting in Gurgaon in 1988; the current 19-acre Gurgaon facility includes automated manufacturing, an R&D Center, and a quality clinic. The Toshiba brand is used in India under license from Toshiba Corporation, and the brand messaging leverages Japanese engineering heritage — Toshiba pioneered the first split AC (1961), the first rotary-compressor AC (1969), and the first inverter AC (1980).
Toshiba AC India firmographics
Firmographics- Name
- Toshiba AC India
- Legal name
- Carrier Airconditioning & Refrigeration Limited
- Website
- https://toshibaac.in
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Toshiba AC India, operated by Carrier Airconditioning & Refrigeration Limited, sells premium residential and commercial air conditioning systems — including Hi-Wall, Cassette, Ducted, and VRF products — through a pan-India authorized dealer network and 21 regional offices, leveraging Japanese inverter technology heritage and local manufacturing in Gurgaon.
- Ownership category
- akta.pro rank
Toshiba AC India industry classification
Industry- Product category
- Air Conditioning / HVAC Equipment
- NAICS
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580), Steam & Air-Conditioning Supply (4961)
- akta.pro primary industry
- HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)
- akta.pro secondary industries
- Commercial & Industrial Refrigeration Systems (IMAHAKAA), Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG), HVAC & Air Treatment Appliance Retail (Air Conditioners, Heat Pumps, Air Purifiers/Dehumidifiers) (CRACACAE)
Keywords
Where Toshiba AC India is headquartered
LocationHeadquarters
- HQ city
- Gurgaon
- HQ country
- India
- HQ region
- Asia
Offices22 records
Markets served
Toshiba AC India business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Marketing or Sales, Technology or R&D, Personnel, Infrastructure
Revenue model
- HVAC Equipment Sales: Sale of air conditioning equipment including Hi-Wall, Cassette, Ducted, and VRF systems for residential and commercial applications. Revenue from product sales through dealer network.
- Professional Services: Installation, maintenance, and after-sales service for air conditioning systems through authorized service centers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | One time/ perpetual license | Warranty coverage varies by product type |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Toshiba AC India product offering
Product offeringCore offering
Toshiba AC India, operated by Carrier Airconditioning & Refrigeration Limited, manufactures and sells air conditioning equipment under the Toshiba brand in India. Its product portfolio spans residential Hi-Wall units (inverter, fixed-speed, and Shibui variants), inverter cassette units, ducted systems, and a comprehensive range of Variable Refrigerant Flow (VRF) systems with outdoor units and multiple indoor unit types. The company operates a 19-acre automated manufacturing facility with R&D center in Gurgaon, Haryana.
Product overview
Toshiba AC India, operated by Carrier Airconditioning & Refrigeration Limited, offers a comprehensive portfolio of air conditioning solutions spanning residential and commercial applications. The product lineup includes Hi-Wall ACs (inverter, fixed-speed, and Shibui design-forward variants), cassette units (standard and compact), ducted systems (SPI Ducted), and an extensive VRF (Variable Refrigerant Flow) systems portfolio. The VRF range comprises outdoor units (SMMS-7, SMMS-E, Mini SMMS-7, Mini SMMS) and over 14 types of VRF indoor units including Hi-Wall, cassette variants (1-way, 2-way, 4-way, 4-way compact), ducted solutions (slim duct, MSP concealed duct, high static pressure duct), fresh air intake, under ceiling, bi-flow console, floor standing, and air-to-air heat exchangers. The products leverage core inverter technology with eco-friendly R32 refrigerant, delivering energy efficiency ratings up to 5-star with ISEER values up to 9.05, and are designed for Indian ambient conditions up to 52°C.
Differentiator
Problem solved
Functional benefit
Products and services
- Hi-Wall Air Conditioners Wall-mounted residential and light commercial air conditioning units available in inverter (DaiSeiKai, Prodigi3, Hi-Wall Inverter), fixed-speed, and Shibui variants. Capacities range from 0.8 to 6 HP with features including nano coating, PM 2.5 filter, self-cleaning, stabilizer-free operation, R32 refrigerant, 4-way airflow, and Type-C rechargeable remote. Designed for Indian homes and apartments with ambient operation up to 52°C.
- Inverter Cassette Air Conditioners 4-way ceiling cassette units for light commercial spaces with R32 refrigerant, ISEER up to 4.62, aluminum alloy heat exchanger, wide ambient operation up to 52°C, micro channel heat exchanger, and 5-step airflow control. Targets offices, retail, and small commercial applications.
- Stable Power Inverter Ducted (SPI Ducted) Air Conditioners Compact ducted AC system for light commercial applications featuring R32 refrigerant, high energy efficiency, stable power protection for unstable power conditions, and reduced refrigerant volume. Targets concealed ceiling installations in offices and small commercial spaces.
- VRF (Variable Refrigerant Flow) Systems Variable Refrigerant Flow outdoor and indoor systems for commercial and large residential applications providing intelligent climate control across multiple zones. Outdoor units include SMMS-7 top-discharge (ISEER up to 9.05, 8-24 HP single, up to 60 HP combination), SMMS-E top-discharge (ISEER up to 8.6, 8-22 HP, up to 64 indoor units), Mini SMMS-7 side-discharge, and Mini SMMS side-discharge heat pumps. Indoor unit range covers Hi-Wall, 4-way/2-way/1-way cassettes, slim and MSP concealed ducts, high static pressure duct, fresh air intake duct, under ceiling, bi-flow console, floor standing, and air-to-air heat exchangers with DX coil.
Quantifiable outcome
- Up to 60% energy savings compared to conventional air conditioners with inverter technology
- +3 more outcomes
Companies that use Toshiba AC India
Customer profileNamed customers14 records
Segments6 records
Ideal customer profiles5 records
Toshiba AC India technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Toshiba AC India partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Carrier Global CorporationcoreCarrier Global Corporation completed acquisition of Toshiba Carrier Corporation (TCC) in July 2022. Upon completion, TCC became a part of Carrier. On May 1, 2024, the company changed its name from Toshiba Carrier Corporation to Carrier Japan Corporation (CJC). Toshiba AC India is operated by Carrier Airconditioning & Refrigeration Limited under the Toshiba brand.
- Toshiba CorporationcoreToshiba Carrier Corporation (TCC) was founded in April 1999 as a joint venture between Carrier and Toshiba Corporation, focused on being a global provider of residential and light commercial HVAC solutions including VRF and heat pump products.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Toshiba AC India competitors and assessment
Company assessmentDirect peers
- LG Electronics India: LG India is a major AC manufacturer with strong inverter split AC, dual inverter, and commercial lineups sold through extensive dealer plus online channels. It directly competes with Toshiba AC in residential and light commercial segments with comparable 5-star ISEER products.
- Mitsubishi Electric India: Mitsubishi Electric India sells premium inverter split ACs and a full VRF/Commercial lineup targeting high-end residential, hospitality, and commercial customers. It competes with Toshiba AC on Japanese-engineering premium positioning and VRF technology.
- Daikin Air-conditioning India: Daikin India is the local subsidiary of Japanese HVAC major Daikin and operates a large Sri City manufacturing facility plus nationwide dealer network. It competes head-on with Toshiba AC in inverter split ACs, VRF systems, and light commercial HVAC with comparable Japanese engineering positioning.
- Blue Star: Blue Star is a leading Indian HVAC manufacturer with a strong commercial and project channel, offering chillers, VRF, ducted splits, and cassette units alongside residential ACs. It competes directly with Toshiba AC in commercial VRF and project sales to real estate, hospitality, and office customers.
- Lloyd (Havells): Lloyd, owned by Havells India, manufactures and sells split ACs, window ACs, and commercial HVAC with strong online and offline distribution. It competes with Toshiba AC in residential inverter splits and is increasingly moving into light commercial VRF.
- Voltas: Voltas is India's largest air-conditioner brand and a Tata group company, manufacturing and selling split ACs, window ACs, cassette, ducted, and VRF systems through a pan-India dealer network. It is the most direct domestic competitor to Toshiba AC across residential and commercial segments.
- Hitachi Cooling & Heating India: Hitachi (Johnson Controls-Hitachi) sells inverter split ACs, ducted, and VRF products in India through a national dealer network. It competes directly with Toshiba AC on premium inverter technology and 5-star energy efficiency positioning.
- Panasonic India (Panasonic Life Solutions): Panasonic India sells inverter split ACs and commercial HVAC including VRF through its nationwide dealer network. It competes with Toshiba AC in Japanese-engineering premium residential and VRF segments with growing local manufacturing.
Emerging players
- Midea India: Midea India is expanding its AC footprint in India through local manufacturing (Sri City) and online-plus-offline distribution with aggressive pricing. It is an emerging player competing in the value and mid inverter segment where Toshiba also targets volume.
Broad incumbents
- Carrier India (parent brand): Carrier Airconditioning & Refrigeration Limited is the legal entity operating Toshiba AC India and also runs the direct Carrier brand in India with chillers, AHUs, and broader commercial HVAC. It is a sibling/parent brand offering overlapping products and competing for the same commercial project customers.
Market position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Toshiba AC India social profiles
Digital presenceToshiba AC India financial estimates
Financial estimateRevenue estimate
Valuation estimate
Toshiba AC India leadership team
Management profileNumber of profiles
Toshiba AC India funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Toshiba AC India M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Toshiba AC India
What does Toshiba AC India do?
Toshiba AC India, operated by Carrier Airconditioning & Refrigeration Limited, manufactures and sells air conditioning equipment under the Toshiba brand in India. Its product portfolio spans residential Hi-Wall units (inverter, fixed-speed, and Shibui variants), inverter cassette units, ducted systems, and a comprehensive range of Variable Refrigerant Flow (VRF) systems with outdoor units and multiple indoor unit types. The company operates a 19-acre automated manufacturing facility with R&D center in Gurgaon, Haryana.
Is Toshiba AC India a public or private company?
Toshiba AC India is a private company. It is classified as corporate owned and is currently operating.
When was Toshiba AC India founded?
Toshiba AC India was founded in 1986. It employs 1 to 10 people.
Where is Toshiba AC India based?
Toshiba AC India is headquartered in Gurgaon, India, in the Asia region.
How does Toshiba AC India make money?
Two revenue lines are on record. HVAC Equipment Sales are the primary driver. The others are professional Services.
Who are Toshiba AC India's main competitors?
Direct peers on record are LG Electronics India, Mitsubishi Electric India, Daikin Air-conditioning India, Blue Star, Lloyd (Havells), Voltas, Hitachi Cooling & Heating India and Panasonic India (Panasonic Life Solutions). Midea India is listed as an emerging player. Carrier India (parent brand) is listed as a broad incumbent.
Does Toshiba AC India have an API?
No public API is recorded for Toshiba AC India.
What industry is Toshiba AC India in?
Toshiba AC India's product category is Air Conditioning / HVAC Equipment. Its primary akta.pro industry code is IMAHAKAB, HVAC Equipment (Heating, Cooling & Air Handling), with a secondary code of IMAHAKAA, Commercial & Industrial Refrigeration Systems. Its NAICS code is 333415 and its SIC code is 3585.