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heatwave conditions: Summer product sales surge 40-50% in April as appliance makers worry about shortages

April has been a scorching month for summer products like air-conditioners, refrigerators, air-coolers, soft drinks, and ice creams, with sales soaring 40-50%. This surge has led to concerns among appliance manufacturers about meeting demand, especially in the south and east where sales have spiked 150-200% due to ongoing heatwaves. The north, the largest market for cooling appliances, is yet to experience the full impact of the heatwave. Manufacturers warn of possible shortages in May as component planning did not anticipate such high demand, and it's challenging to expand production on short notice.

Greece , South-korea , Pune , Maharashtra , India , South-korean , Greek , Komal-anand , Kamal-nandi , Jayen-mehta , Lotte-wellfood , Manish-bandlish

A Summer Fiery Tale Consumer Cos in Wonderland

Its been a sizzling April for summer products such as air-conditioners, refrigerators, air-coolers, soft drinks and ice-creams, with sales surging 40-50%. And with demand only set to rise, there are some concerns among appliance manufacturers about meeting requirements, though the food & beverages companies remain upbeat.

South-korea , Greece , Pune , Maharashtra , India , South-korean , Greek , Manish-bandlish , Jayen-mehta , Lotte-wellfood , Kamal-nandi , Komal-anand

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

India , Kamal-nandi , Godrej-viroshield , Godrej-group , Godrej-appliances , Appliances-business-head , Executive-vice-president-kamal-nandi , Godrej-eon-dishwashers , Godrej-eon-magnus , Appliances , Business , Eyes

PG Technoplast Unveils New Integrated AC Manufacturing Facility in Rajasthan

PG Technoplast Unveils New Integrated AC Manufacturing Facility in Rajasthan
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

New-delhi , Delhi , India , Vishal-gupta , Pg-electroplast , Electronic-manufacturing-services , Pg-technoplast-private , Pg-electroplast-limited , Private-limited , North-india , Kamal-nandi , Business-head

AC, fridge & ice cream fly off shelves as summer heat bites

India Business News: MUMBAI: The blistering heat has spurred the sale of consumer durables, with industry players looking at the best summer in several years.

United-states , Mumbai , Maharashtra , India , American , Alok-tickoo , Mohit-khattar , Nitin-saini , Srinivas-kamath , Kamal-nandi , Coca-cola-company , Baskin-robbins

Air Conditioner: AC, fridge & ice cream fly off shelves as summer heat bites, ET Retail

Air Conditioner: Demand for air-conditioners, now a must-have in middle class homes, and air coolers has spiked, and there is robust sale of refrigerators.

Mumbai , Maharashtra , India , United-states , American , Kamal-nandi , Mohit-khattar , Alok-tickoo , Nitin-saini , Nilesh-gupta , Srinivas-kamath , Baskin-robbins

Car Prices: Prices of discretionary products like cars, TVs, phones begin to firm up, ET Auto

Car Prices: Prices of discretionary products like cars, TVs, and phones are firming up as manufacturers raise prices due to commodity costs and forex movement. Car and electronics manufacturers are increasing prices of vehicles and smartphones, while television brands are hiking prices due to rising panel costs. Despite the price hikes, companies do not anticipate a major impact on consumer demand.

India , Navkendar-singh , Mohandeep-singh , Hardeep-singh-brar , Avneet-singh-marwah , Maruti-suzuki , Tarun-pathak , Shailendra-katyal , Kamal-nandi , Thomson , Blaupunkt , Kodak

Prices of discretionary products like cars, TVs, phones begin to firm up, ET Retail

Prices of discretionary products like cars, TVs, phones have started to firm up due to commodity costs, adverse forex movement, and inflationary environment. Car manufacturers and electronics brands are raising prices to offset the impact.

India , Shailendra-katyal , Tarun-pathak , Hardeep-singh-brar , Kamal-nandi , Mohandeep-singh , Avneet-singh-marwah , Navkendar-singh , Maruti-suzuki , Blaupunkt , Society-of-indian-automobile-manufacturers , Kodak

Prices of discretionary products like cars, TVs, phones begin to firm up

Car manufacturers like Maruti Suzuki, Honda Cars India, Toyota Kirloskar Motor and Kia India have just raised vehicle prices, mostly on fast-moving models, by up to 3% due to increase in commodity costs and adverse forex movement. Other manufacturers are also evaluating such a hike.

India , Maruti-suzuki , Mohandeep-singh , Avneet-singh-marwah , Kamal-nandi , Tarun-pathak , Navkendar-singh , Hardeep-singh-brar , Shailendra-katyal , Kodak , Blaupunkt , Society-of-indian-automobile-manufacturers

March sales indicate sizzling summer prospects for AC, beverage and ice-cream players

March sales indicate sizzling summer prospects for AC, beverage and ice-cream players
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India , China , Mohit-khattar , Manish-bandlish , Ankit-kapoor , Angelo-george , Kamal-nandi , Parle-agro , Sanjay-chitkara , Bisleri-international , Graviss-foods-pvt-ltd , Linkedin