AC sales dip 15% in April as temperature falls; expected to recover in May
Customers have delayed the purchase of air conditioners in April and May, which are considered to be the peak season for the industry.
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Customers have delayed the purchase of air conditioners in April and May, which are considered to be the peak season for the industry.
The CEAMA president also said there could be a price hike of around 4-5 per cent to protect margins as input costs have increased substantially, , air conditioners, sales, CEMA
AC sales hit record high of 17.5 lakh units in April; to touch 90 lakh in 2022: CEAMA
Already, in April the industry has clocked the sale of around 17.5 lakh units, which is also an all-time high for the month.
Some of them are expecting a greater demand this season, which might also lead to a shortage of units, putting them under pressure to meet the increased requirement for ACs and other cooling products.