Sidwal Refrigeration Industries Private Limited
↗Faridabad, India
Sidwal Refrigeration Industries Private Limited is a leading Indian manufacturer of advanced air conditioning and refrigeration solutions, specializing in high-precision HVAC systems for mobility and industrial applications. Founded in 1965, the company pioneered the development of roof-mounted modular compact air conditioners for rail coaches in India and currently holds a dominant market share in the Indian Railways and Metro segments. Their product portfolio includes HVAC systems for high-speed trains (like Vande Bharat), metro rail, luxury buses, and specialized defense vehicles.
In the context of the pharmaceutical and healthcare industries, Sidwal provides critical infrastructure for the cold chain, including precision air conditioning for laboratories, rugged cold room solutions for temperature-sensitive storage, and HVAC systems for military ambulances. The company is a wholly-owned subsidiary of Amber Enterprises India Limited, a major player in the Indian OEM/ODM market for consumer durables. Sidwal operates state-of-the-art manufacturing facilities in Faridabad and Himachal Pradesh, supported by in-house R&D and psychrometric testing laboratories.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:-
Industry:Industrial Machinery
Sub-Industry:HVAC and Refrigeration Systems
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$50M-$100M
Founded:1965
Ownership:subsidiary
Status:operating
FUNDING
Stage:Acquired
Total Raised:null
Investors:Amber Enterprises India Limited
STOCK
Exchange:NSE/BSE (via parent Amber Enterprises)
Ticker:AMBER
Market Cap:$1.5B - $2B (Parent Company)
PIPELINE
Stage:Commercial
Lead Drug Stage:null
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:Amber Enterprises India Limited
Acquired By:Amber Enterprises India Limited (2020-09-01)
Key Partnerships:Titagarh Rail Systems (Joint Venture for railway components), Indian Railways (Primary customer), Delhi Metro Rail Corporation (DMRC), DRDO (Defense applications and ambulances), RITTAL (Germany) - Collaboration for product enhancement, Ultimate (Austria) - Collaboration for product enhancement
COMPETITION
Position:Leader
Competitors:Subros Limited, Blue Star Limited, Voltas Limited, Carrier Global, Daikin Industries
LEADERSHIP
Key Executives:
Udaiveer Singh - Managing Director
Jasbir Singh - Director
Daljit Singh - Director
Scientific Founders:Sherjang Singh Sidhu
Board Members:Daljit Singh, Jasbir Singh, Prakash Iyer, Simran Singh, Udaiveer Singh, Girish Kumar Ahuja
LINKS
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