Carrier Midea India Private Limited (CMI) was set up in 2012 to combining the strengths of two global giants in air-conditioning, Carrier and Midea. The joint venture was undertaken to combine Midea’s world-class design and manufacturing expertise in residential air conditioning and Carrier India’s strong pan-India distribution network. The resulting synergy has made CMI a leading participant in the Airconditioning and home solutions sector in India in two short years making this a very successful partnership indeed. We further plan to strengthen our market position in the residential air conditioning and white goods market in India with an investment of Rs. 500 crores over a five to six year period.