Toshiba and Carrier have a global joint venture since 1999 for manufacture and sale of Toshiba branded airconditioning products. As part of this initiative, Carrier Air Conditioning & Refrigeration Limited is acts as the sole distributor in India for Toshiba branded airconditioning products.

Toshiba Corporation a diversified manufacturer of electronic and electrical products and systems was founded in the year July 1875 and celebrated its 130th anniversary in 2006. Toshiba Corporation has 8 in house companies and 6 key group companies. Toshiba consumer marketing is one of the key group companies under which the Air conditioning division is taken care of by Toshiba Carrier Corporation Japan (TCCJ).