Hot summer to boost AC sales; volumes to grow 15-20% in FY24
The government's Production Linked Incentive (PLI) scheme has received a strong response with a committed capital outlay of ₹4,806 crore, says ICRA.
air conditioner
April 2023
April 2022
Scorching Summer: Demand for ACs, refrigerators to surpass pre-Covid levels
The April-June quarter should record a growth of 30%-35% over April-June quarter of 2019, says Manish Sharma, chairman & CEO at Panasonic India and South Asia.
