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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.
Automechanika Riyadh sees a record number of exhibitors, with over 280 exhibitors confirmed and more than 8,000 visitors expected during the three-day showcase.
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.