Retail India News: Bluestar Targets 25-30 Pc Growth in Room AC Segment Amid Rising Demand
Homegrown cooling solutions company Bluestar is expecting 25-30 percent growth in its room air-conditioner segment, driven by an early summer,…
Retail India News: Daikin Expands in India as Air Conditioning Demand Soars
Daikin Industries Ltd., the world’s largest air conditioner manufacturer, is gearing up for further expansion in India as rising temperatures…
Retail India News: AC Makers Report Surging Revenues and Profits Amid Intense Summer Demand
Air conditioner manufacturers have recorded robust double-digit revenue growth, with several companies experiencing more than a two-fold increase in…
Retail India News: Blue Star Unveils Extensive Lineup of Affordable and Premium Room Air Conditioners
Blue Star Limited, a leading name in home cooling solutions, has announced the launch of its latest range of Room Air Conditioners (ACs) tailored for…
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Voltas to Expand Footprint, Sells 1.4 mn Units of ACs from Jan-Aug 2022
With an increase in demand for cooling products owing to the intense summer this year, Tata group firm Voltas has sold around 1.4 million units of…
PG Electroplast Lines Up Rs 100 cr Investment for FY22; to Enhance AC Manufacturing Capacity
PG Electroplast Ltd (PGEL), a consumer durables maker and electronics manufacturing services provider, has lined up an investment of Rs 100 crore for…
Johnson Controls-Hitachi Air Conditioning India Bullish on Expansion in Punjab
Johnson Controls - Hitachi Air Conditioning India Limited, the joint venture company of Johnson Controls and Hitachi Appliances, Japan and…
Opening of shops on odd-even basis can contribute sales turnover of at least ? 2000 Cr within next 50 days says top retailers
With almost 60% of the peak sales season for ACs and Refrigerators gone, retailers of cooling products in Delhi have lost over INR 3000 Cr business…
Flipkart's private brand unveils air conditioners range
MarQ, Flipkart's private label brand, has introduced an Insignia range of air conditioners. These air-conditioners are available in BEE rating of 3-…
Carrier and Toshiba unveil energy efficient hi-wall AC
New Delhi: Carrier today has announced the launch of energy-efficient and innovative air conditioning solutions from Carrier and Toshiba including…
Weather Anomalies hamper Overall Sales in AC Sector
In the wake of anomalous weather conditions and frequent thunderstorms across several states, AC makers have witnessed a lower footfall at…
AC Firms To Experience High growth through e-commerce portal
Leading air-conditioner (AC) maker, Panasonic India has pinned high hopes from the AC segment and claimed that a majority of the sale would come…
Blue Star eyes Rs 1,700 cr revenue from AC segment in FY19
With the launch of 100 products for this summer season, air conditioner maker Blue star has set a target of Rs 1,700 crore revenue from room AC…
Blue Star Eyes AC market to grow at 15 to 20% in 2018
Changes in energy efficiency labels and rise in prices of raw materials may pull down the growth in the market for air conditioners in the country…
LG India Aims To Sell 12 lakh ACs This Year
Consumer durable company, LG Electronics India, aims to sell more than 12, 00,000 units of air conditioners this year, a 50% increase from last…
Mirc Electronics launches New Smart Inverter ACs, Aims Revenues To Grow 700 cr
Mirc Electronics Ltd, which also owns the Onida brand, is enthusiastic to increase its revenues from Its AC segment to about Rs 720 crore with the…
AC makers LG, Voltas To Increase production By 20% To Meet Summer Demands
With warm temperature in west and south pushing demand by over 15% in February and Met office forecasting a harsh summer this year, air-conditioner…