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CONSUMER FINANCE FOR ACS
Bluestar aims up to 30 pc growth in AC sales, high numbers from rural marketBluestar anticipates a 25-30% growth in room AC sales, driven by early summer, rising incomes, and predictions of a harsh season. The compa...
AC prices set to soar: Rupee plight is raising the heat on what cools youWith rising temperatures, air conditioner prices are set to increase due to higher import costs from a weaker rupee and supply chain disrup...
Only 14% families buy high star ACs, cost remains key barrier: CEEWThe studies found that 93 per cent households in tier II cities, that are aware of the star labelling programme, find it useful, the CEEW s...
Summer heat sends sale of ACs, refrigerators soaringSmaller cities, towns see big sales growth, as easy finance also aids demand.
Hitachi expects 15 per cent growth in room AC sales this yearAccording to its strategy, Hitachi, which is revamping its brand identity, would focus on south and west region markets.
AC makers expect a double-digit sales growth this summerAC makers also hope that slightly higher temperatures this summer, as predicted by the Met department, will push sales in the coming months.
Godrej Appliances bags order worth Rs 207 crore from EESL"This contract is for designing, manufacturing, supplying, installing and servicing 52,000 units of Godrej NXW Green Inverter ACs," the com...
Godrej Appliances wins Rs 207 crore contract by the Energy Efficiency Services LtdEESL is a joint venture of NTPC, Power Finance Corporation, Rural Electrification & Power Grid Corporation and works under ministry of powe...
Panasonic emerges as lowest bidder for EESL's super-efficient ACsEESL to order 1 lakh ACs. Panasonic was the lowest price bidder, offering to make them at Rs 35,000, followed by Daikin, which quoted Rs 41...
ACs, power backup devices sales to rise sharply: AssochamThe survey observed that the demand for ACs has shot up in the last three weeks in all major cities across the country, with sales expected...
EESL to replicate success of LED scheme for air conditionersLeading manufacturers like Voltas, Blue Star, Godrej, Daikin, Whirlpool & Panasonic have pledged their support to develop and deploy super-...
LG moves towards high end, energy-efficient ACsThe government through its energy rating authority, Bureau of Energy Efficiency, has introduced a new energy efficiency rating for ACs call...
- Accumulate Voltas, target Rs 350: Prabhudas Lilladher
There is long term opportunity in Room AC which continues to be strong given the rising income levels, easy availability of finance and low...
AC makers expect easy finance,energy efficiency to drive salesThe makers are also unfazed about the unseasonal rains last month in the Northern region, which accounts around 35 per cent of the total sa...
White goods register double-digit growthAir-conditioners (ACs) led the revival with volume sales in the quarter rising 21% compared to the year-ago period
- Green drive may push up prices of ACs, fridges
You may have to shell out more money this summer. Brands are developing energy-efficient products which has led to a hike in R&D costs. Gad...
- Split ACs leave competition cold with cheaper options, aesthetics
Split AC makers are recording sizzling growth numbers this year by offering competitive pricing, better aesthetics and focusing on smaller ...