Carrier becomes latest global firm to sue India over electronic waste rules
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 07 2025
0mins
Source: Reuters
Carrier and Other Companies Sue Indian Government: Carrier, along with Samsung, LG, Daikin, and Voltas, has filed lawsuits against the Indian government over new electronic waste rules that significantly increase recycling fees for manufacturers, claiming these regulations impose an unfair financial burden.
Government's Defense of New Rules: The Indian Ministry of Environment defends the pricing rules as necessary for proper waste disposal, arguing that they are a reasonable intervention despite the companies' claims that the fees are excessively high compared to previous rates.
Analyst Views on CARR
Wall Street analysts forecast CARR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CARR is 69.08 USD with a low forecast of 55.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 57.440
Low
55.00
Averages
69.08
High
90.00
Current: 57.440
Low
55.00
Averages
69.08
High
90.00
About CARR
Carrier Global Corporation is engaged in providing intelligent climate and energy solutions with a focus on providing digitally enabled lifecycle solutions to its customers. The Company’s segment include Climate Solutions Americas, which provides products, controls, services and solutions to meet the heating, ventilation and cooling (HVAC) needs of residential and commercial customers in North and South America; Climate Solutions Europe segment provides products, controls, services and solutions to meet the HVAC needs of residential and commercial customers in Europe; Climate Solutions Asia Pacific, Middle East & Africa segment provides products, controls, services and solutions to meet the HVAC needs of residential and commercial customers in Asia Pacific, the Middle East and Africa; and Climate Solutions Transportation segment includes global transport refrigeration and monitoring products, services and digital solutions for trucks, trailers, shipping containers, intermodal and rail.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
