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Business News: Godrej Appliances eyes 30 pc revenue from health, hygiene product segment by 2022-23

Godrej Appliances eyes 30 pc revenue from health, hygiene product segment by 2022-23 : Rashtra News #Godrej #Appliances #eyes #revenue #health #hygiene #product #segment Besides, the company had also launched Godrej ViroShield, a UVC based disinfecting device to eliminate coronavirus and germs from surfaces of almost all daily usage articles. Godrej Appliances, the flagship company ....

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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. ....

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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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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. ....

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Premiumisation, investments to propel appliances, consumer electronics industry in 2024

Premiumisation, where users are not shying away from paying extra for a better experience, convenience, connectivity and energy efficiency, will be the key proposition for the industry as it seeks to consolidate growth after double-digit value-based growth in the festival season and encouraging business in the wedding season. ....

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