Carrier India Appoints Gaurang Pandya as Managing Director

NEW DELHI, May 20, 2010-- Carrier Airconditioning & Refrigeration Ltd. (Carrier India) has appointed Gaurang Pandya as its managing director, effective May 10, 2010. He replaces Zubin Irani, who has been promoted to the position of senior managing director of United Technologies Corporation’s commercial companies in India. Carrier India is a subsidiary of Carrier Corp., which is a unit of United Technologies Corp. (NYSE:UTX).

“India is strategically important given the growth potential of the market and our strong position. We are confident that with Gaurang's experience and his knowledge of our customers and employees, he will continue to advance Carrier's leadership position in the India market," said Ross Shuster, president, Carrier Asia.

 

In his new role, Gaurang will be responsible for the overall operations of Carrier’s HVAC business in India, including revenue growth, profitability, development and implementation of business strategies, and employee and customer leadership.

 

Gaurang joined Carrier in January 1999 in India and has since then held various finance positions in the company. He was General Manager in Guam before his most recent role as Director of the Building Systems and Services business in India.

 

 “We are excited and confident that Gaurang’s strategic leadership skills, valuable experience, and knowledge of the Indian air conditioning industry will play a significant role in further strengthening Carrier India’s position," said Zubin Irani.

 

 “I will endeavour to draw on the success achieved by my predecessors and our team in the high-potential Indian market, continuing Carrier’s leadership in energy efficiency and sustainability in the home comfort and building systems industry and ensuring the highest level of customer satisfaction,” stated Gaurang Pandya.

 

About Carrier Corp.

Headquartered in Farmington, Conn., Carrier Corp. is the world’s largest provider of heating, air-conditioning and refrigeration solutions, with operations in more than 170 countries. Carrier is part of United Technologies Corp., a Hartford, Connecticut-based provider of products and services to the aerospace and building systems industries worldwide. Visit www.carrier.com for more information.