Commenting on India plans for the new fiscal, Pramoda Karkal, Vice President & Managing Director, Building Efficiency, Johnson Controls India said, “In India we need to have three-pronged strategies by addressing local manufacturing for mid market screw chillers, focusing on large tonnage chiller projects like SEZ, townships etc, having local presence in Tier 2 cities. We also expect a 100% growth in revenues in the next 2 years.”

The company said it expects approximately 7% revenue growth in 2009 (9% excluding currency) by its building efficiency business due to higher global demand for its energy efficiency and greenhouse gas reduction solutions for non-residential buildings. The increased demand continues to be driven by the prospects of higher long-term energy prices, a stricter regulatory environment and heightened sensitivity to global climate change issues.

“While we face uncertainties in 2009, we begin the year in a strong position with record backlogs in our automotive and buildings businesses, global market leadership and our proven ability to improve our cost structure” said Chairman & Chief Executive Officer Stephen A. Roell.

“Johnson Controls will aggressively execute our plans and continue to invest for sustainable long-term growth.” added Mr. Roell.

“In the buildings when energy efficiency measures are incorporated during the design stage, the potential for energy savings is 40-50%. ITC Green Centre, Gurgaon, LEED-Platinum rated with 45% energy savings is one of the classical examples in the Indian context among others.” Said Mr. Karkal

Also the existing buildings after implementing retrofitting measures one can save as high as 20-25% of energy and the cost of retrofitting can be recovered in just few years and benefit from the energy savings thereafter

Johnson Controls also will benefit in 2009 from its market leading positions in growth markets, especially India, China, Eastern Europe and the Middle East. Building efficiency earnings are forecast to grow at a double-digit rate due to the higher volume and improved cost structure.

The green movement started in India over a decade ago and in 2001 CII Godrej GBC was the 1st green building in India with Johnson Controls building automation system. Now green buildings with LEED ratings are growing in numbers exponentially as more end users become aware of sustainability needs. With a relatively miniscule footprint of about 20,000 square feet in the year 2003 today there are approximately 80 green buildings with a footprint of over 25 million square feet already/being constructed in India.