AIR CONDITIONER MANUFACTURERS
Indian AC industry likely to double in next 4 years: Blue Star
Blue Star forecasts a significant growth in the air-conditioning industry in the next four years, driven by factors such as low penetration of room ACs and increasing middle-class consumers with high disposable incomes. The company's strategic plans aim to capitalize on emerging opportunities.
Govt reopens application window for PLI scheme for ACs, LED lights for 90 days
The government has announced the reopening of the PLI scheme for white goods, such as ACs and LED lights, from July 15 to October 12. Both new applicants and existing beneficiaries can apply to invest more under the scheme. Quarterly claims processing will be introduced to improve liquidity and operational efficiency.
Will consumer durables & EMS stocks see another round of re-rating? 7 stocks with an upside potential of up to 24%
There are talks of the budget being focussed on two things, one giving continued push to investment and second to increase the disposable income in the hands of people. The second could be done by cutting taxes or making changes with the tax slab. While many sectors will feel the impact but one of the sectors which may feel maximum impact is the consumer durable sector. Now given the fact that the consumer durable sector has a closed link with the EMS companies, they both have to be looked at together. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Best Voltas Split AC in India for Cool Air in Hot Summer (June 2024)
Are you in the market for a split AC for your home? If yes, delve into this article where we've compiled a selection of the finest Voltas split ACs available in India. Voltas, a highly trusted Indian brand renowned for its consistent quality since its inception, provides reliable cooling solutions. Explore our curated list to find the perfect Voltas split air conditioner that meets your cooling needs and expectations.
Best inverter ACs 1.5 ton for optimal cooling and energy savings (July 2024)
Explore the pinnacle of cooling innovation with this curated selection of the best inverter ACs 1.5 tons. Designed for medium to large spaces, these AC units boast energy-saving features, rapid cooling technology, and advanced air purification systems. From whisper-quiet operation to precise temperature control, discover the perfect blend of performance and efficiency with these air conditioners to keep your environment cool and comfortable all year round.
10 Best-Selling Panasonic Split ACs in India (July 2024)
An intense heatwave has taken over the country, making air conditioners our true saviors. If you have been scrolling through the internet searching for a powerful split AC, then you are at the right place. This article features a list of 10 best-selling Panasonic split ACs that will help you get through the sweltering hot summer season through their most advanced features. So, read on to find the best AC for your needs.
Best Lloyd Window AC: Efficient cooling solutions for your home (May 2024)
Discover the best Lloyd Window ACs, engineered for optimal cooling performance. With cutting-edge technology and energy-efficient design, these units provide superior comfort in any space. Here's an article listing air conditioner price in India and customizable settings and quiet operation for uninterrupted relaxation. Lloyd's commitment to quality ensures reliable cooling solutions that prioritise both performance and affordability, making them a top choice for discerning consumers seeking comfort and value.
8 Best-Selling Window ACs under 30,000 for Efficient Cooling
In 2024, ACs under 30000 offer unparalleled cooling efficiency, advanced features, and sleek designs. From energy-efficient models with inverter technology to those equipped with air purification systems and smart connectivity options, these units ensure optimal comfort while minimizing energy consumption. With reliable performance, quiet operation, and durability, the top air conditioners under 30000 of 2024 cater to diverse cooling needs, providing superior comfort during the year's hottest months.
As ACs start to sweat, cos plan machines the heat can't wilt
AC makers innovate to meet high-temperature demands, balancing efficiency and performance. The push for models operating in extreme conditions reflects the industry's commitment to providing effective cooling solutions. With a focus on advanced technology and supply challenges, manufacturers aim to enhance consumer experience in a changing climate.
Unrelenting heat sets AC demand on fire, scorches buyers' pockets as India's torrid summer goes on and on
As an unprecedented heat wave drives much of India indoors, AC prices have shot up in most regions of the country. Along with prices, sales too have jumped conspicuously. For some players, keeping pace with rising demand has become quite a task, leading to shortages in several parts of the market.
With 30 pc topline growth, Godrej Appliances expects to join billion-dollar club in FY25
Godrej Appliances aims to become a billion-dollar company by the end of FY25 with a 30% growth in sales, focusing on new product launches and market expansion.
Indian room air-conditioner market to reach Rs 50,000 cr by FY29: Voltas
Voltas projects India's room air-conditioner (RAC) market to grow at a robust 12% CAGR, reaching Rs 50,000 crore by FY 2028-29. Intense competition from domestic and global players is expected to escalate, driven by rising summer temperatures, disposable incomes, and consumer finance accessibility. Voltas aims to bolster market leadership through expanded outlets.
AC sales may touch new record of 14 million units annual sales in 2024: CEAMA
The blistering heatwave has driven record demand for room air-conditioners, with expected annual sales of around 14 million units, says the Consumer Electronics and Appliances Manufacturers Association (CEAMA). May saw record-breaking AC sales, with projections of 30-40% growth in summer. Energy-efficient models and indigenous manufacturing contribute to the market's robust expansion.
AC makers clock two-fold jump in sales in May amid scorching summer
Voltas, LG Electronics India, Blue Star, Daikin India, and Panasonic India have all experienced significant growth in AC sales in May, with projections for continued momentum and challenges ahead.
Fire breaks out in Noida flats due to AC blast; Here's how to prevent an AC blasts
A fire broke out in a Noida high-rise due to an air conditioner blast, contained by the building's firefighting systems. As temperatures rise, AC safety is paramount. Here are tips to prevent AC fires, including regular maintenance and using high-quality parts.
Best Godrej Split Air Conditioners for Unmatched Cooling
The article reviews the top Godrej split air conditioners, highlighting their energy efficiency, advanced cooling technology, and user-friendly features. It covers various models, emphasizing their eco-friendly refrigerants, quiet operation, and durability. The analysis includes customer feedback, price comparisons, and maintenance tips, helping consumers make informed decisions for optimal cooling comfort.
Best Smart ACs with Wi-Fi in India 2024 - May Edition
In the April edition of 2024, explore the latest advancements in air conditioning technology with our curated list of the top 10 smart ACs featuring Wi-Fi connectivity. These innovative appliances allow users to control their cooling systems remotely using smartphone apps, offering convenience and flexibility. With a focus on energy efficiency and intelligent features, these smart ACs redefine home comfort and climate control.
10 Best-selling ACs under 40000 to save you from scorching heat
In 2024, ACs under 40000 offer unparalleled cooling efficiency, advanced features, and sleek designs. From energy-efficient models with inverter technology to those equipped with air purification systems and smart connectivity options, these units ensure optimal comfort while minimizing energy consumption. With reliable performance, quiet operation, and durability, the top 2-ton air conditioners of 2024 cater to diverse cooling needs, providing superior comfort during the hottest months of the year.
Air-conditioner manufacturers face shortage of products or models due to unprecedented demand
With sales now picking up in the North, the shortage is expected to get worse. As per executives, the industry is going to face a notional sales loss of around 400,000-500,000 units, or Rs 1,200-1,500 crore of potential business.
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