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ROOM AC MARKET
Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen SahayIndia's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative deal...- Scientists are testing a new kind of air-conditioning, and the promise is cleaner cooling without refrigerants, but the big question is whether solid-state systems can ever match the efficiency of the ACs people already useNew solid-state cooling technologies are emerging to replace traditional air conditioners. These systems aim to reduce reliance on compress...
- Ludhiana MBA graduates ditch corporate jobs to grow Kashmir’s ‘red gold’ saffron, sell it for Rs 12 lakh/kg. Here's how they did itTwo MBA graduates from Punjab's Ludhiana are making headlines for achieving a remarkable feat, cultivating premium Kashmiri saffron indoors...
- Amazon launches Echo Dot Max, Echo Studio with focus on ambient AI and premium audioAmazon launched the Echo Dot Max and Echo Studio in India, emphasizing premium audio and ambient AI. These devices, powered by AZ3 silicon ...
- Power, auto ancillary, and mid-size banks: Where Motilal Oswal Private Wealth is putting money nowMotilal Oswal Private Wealth is investing cash into key sectors. Power is a top pick due to rising demand. Auto ancillary firms are set to ...
- ‘It’s not a luxury, it’s a necessity’: Bengaluru woman as she books hotel room for AC to survive the ongoing heatwaveFacing sold-out AC stocks and a relentless heatwave, a Bengaluru woman, Priya Pal, took the unusual step of booking a local hotel room just...
- Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
- 'Salary growing, wealth shrinking': CA explains ‘India's silent middle-class crisis’, says Rs 1.5 lakh salary is same as 10-yr-old payUrban Indian households face a 'silent crisis' as rising incomes fail to keep pace with escalating costs of living, leading to stagnant rea...
- Shelter from Spike 'n' Supply Storm: West Asia tensions test India Inc’s resilience to energy shocksEscalating tensions in West Asia highlight India’s vulnerability to energy and logistics disruptions. Even without supply cuts, higher frei...
- Daikin Industries to invest Rs 1,000 crore in India for global R&D centreDaikin Industries is set to channel a monumental one thousand crore rupees into India to launch its first global R&D hub beyond Japan. This...
- Blue Star braces for a slow summer startThe room air-conditioner industry anticipates a challenging summer. Rising costs from global events and delayed heat are impacting sales. D...
- Panasonic eyes India as top global AC market within seven yearsPanasonic expects India to become its largest global market for air conditioners within five to seven years, driven by rising demand and lo...
- AC maker Blue Star expects sales bump from PM Modi's planned GST cutsBlue Star anticipates exceeding its room air conditioner sales forecast this financial year, driven by the Indian government's planned cons...
- 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 market to witness price war as MNCs enter mass segmentAs per the reports, brands like Daikin and Hitachi have started to enter into the mass-market AC segment with pricing as their weapon. Sams...
- Buy Blue Star, price target Rs 829: Reliance SecuritiesBlue Star has emerged as a leading player in room AC market with a market share of approximately 12.5 per cent.
- Buy Voltas Ltd., target Rs 390: Goldman SachsIndia's room AC market has grown at 12 per cent and 6 per cent CAGR over the past 15 and 5 years respectively
- Blue Star launches a new range of room ACsRefrigerator and AC maker Blue Star Ltd today announced the launch of a new range of room air conditioners for the residential segment here.
- Blue Star aims to capture 10 per cent of room AC marketThiagarajan said the company was expecting to grow at 25 per cent in the next fiscal, while the industry growth would be in the region of 1...
- Blue Star eyes 5-6% growth in Indian AC mkt by 2015Blue Star, an airconditioning and commercial refrigeration major, on Friday said it was eyeing 5-6 per cent growth in next four years.
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