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Havells India: Unfazed by slow start, AC industry expects double-digit growth, over 11.5 mn unit sales this season, ET Retail

Havells India: Despite a slow start, the sale of air conditioners in India is expected to pick up with manufacturers aiming for double-digit growth to surpass 11.5 million units in 2025. Factors such as a scorching summer forecast, increased disposable income, and new technological advancements are likely to drive sales. Major players like Daikin, Panasonic, LG, Blue Star, Godrej, and Lloyd are optimistic about growth, with a focus on energy-efficient models and expanding markets in tier-III towns and rural areas. ....

Kamal Nandi , Yogesh Kumar Gupta , India Metrological Department , Lg Electronics , Techsci Research , Conditioners Group Abhishek Verma , Lg Electronics India Senior Vp Sanjay Chitkara , Representative Image , Blue Star , Godrej Appliances , Star Managing Directorb Thiagarajan , Reserve Bank , Panasonic India Business Head , Air Conditioners Group Abhishek Verma , Appliances Business Head , Executive Vice President Kamal Nandi , Havells India , Sri City , Andhra Pradesh , Blue Star , Pc Industry , Havells India , Lg Electronics , Godrej Appliances , Panasonic India ,

Unfazed by slow start, AC industry expects double-digit growth, over 11.5 million unit sales this season

Unfazed by slow start, AC industry expects double-digit growth, over 11.5 million unit sales this season
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Yogesh Kumar Gupta , Kamal Nandi , Conditioners Group Abhishek Verma , Lg Electronics India Senior Vp Sanjay Chitkara , India Metrological Department , Lg Electronics , Techsci Research , Blue Star , Godrej Appliances , Star Managing Directorb Thiagarajan , Reserve Bank , Panasonic India Business Head , Air Conditioners Group Abhishek Verma , Appliances Business Head , Executive Vice President Kamal Nandi , Havells India , Sri City , Andhra Pradesh ,

Unfazed by slow start, AC industry expects double-digit growth, over 11.5 mn unit sales this season

Despite a slow start, the sale of air conditioners in India is expected to pick up with manufacturers aiming for double-digit growth to surpass 11.5 million units in 2025. Factors such as a scorching summer forecast, increased disposable income, and new technological advancements are likely to drive sales. Major players like Daikin, Panasonic, LG, Blue Star, Godrej, and Lloyd are optimistic about growth, with a focus on energy-efficient models and expanding markets in tier-III towns and rural areas. ....

Kamal Nandi , Yogesh Kumar Gupta , Techsci Research , Lg Electronics , India Metrological Department , Conditioners Group Abhishek Verma , Lg Electronics India Senior Vp Sanjay Chitkara , Blue Star , Godrej Appliances , Star Managing Directorb Thiagarajan , Reserve Bank , Panasonic India Business Head , Air Conditioners Group Abhishek Verma , Appliances Business Head , Executive Vice President Kamal Nandi , Havells India , Sri City , Andhra Pradesh , Lac Industry , Panasonic India ,