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Air Conditioner

Daikin to sell 2 million units of AC in FY25, expand manufacturing capacity of compressors

The company has already sold 7 lakh units of residential air conditioner (RAC) in the first three months of the yearNew Delhi: Air conditioner maker Daikin expects to manufacture two million units in India this fiscal and has plans...

AC makers clock two-fold jump in sales in May amid scorching summer

Leading brands like Voltas, LG, Daikin, Panasonic, and Blue Star witnessed robust sales in MayNew Delhi: A blistering summer has led to an almost two-fold jump in sales of air-conditioners in May even as leading manufacturers have been grappling...

Carrier Midea India launches its first store

Midea Cooling Solutions ProShop features a variety of cooling solutions for individuals and businesses New Delhi: Air-conditioner seller Carrier Midea India Pvt. Ltd. has launched its first store Midea Cooling Solutions ProShop in Gurugram, a press release said on Tuesday. The...

Blue Star expects 25% growth in sales of residential AC in June quarter

The company has already witnessed up to a 40 per cent year-on-year increase in sales of AC in March from the Southern regionNew Delhi: Homegrown cooling products maker Blue Star on Tuesday said it expects up to 25 per...

Croma opens 58 outlets in 6 months

Croma retails more than 16,000 products from over 550 brands at 370+ stores across 100+ cities in India New Delhi: Tata-owned Consumer durables and electronics (CDE) retail chain Croma has been on an expansion spree this year. Just six months into...

Blue Star targeting to double exports within 3 years, says top official

The company's exports are worth around Rs 800 crore at present and it targets to double these within three yearsChandigarh: Blue Star Ltd is targeting to double its exports within three years as the company looks to expand its international...

Blue Star targets to achieve market share of 15% by FY25 in room air conditioners segment

The air-conditioning and commercial refrigeration major is also targeting to sell one million units this year as against over 8 lakh last yearChandigarh: Blue Star Ltd is targeting to achieve a market share of 15 per cent by FY2025 in...

Daikin India becomes billion-dollar company, expect to double business in next 3 years

The company is looking at India business as its "future treasure" and expects it to double to $2 billion (around Rs 16,350 crore) in the next three yearsNew Delhi: Airconditioner maker Daikin Airconditioning India expects to become a $2-billion...

Scorching summer to boost AC volume by 15-20% this fiscal: Report

The Air Conditioner (AC) makers are expected to register an operating profit margin of 8.8-9.2% in FY24Mumbai: On the back of a record 26-28% volume growth in FY23, the air conditioner market is set to log in another healthy...
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Latest News

Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday

The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July New Delhi:...
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