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Air Conditioner

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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Popeyes to enter over 40 Indian cities in the next 2-3 years: Gaurav Pande, Business Head

Gaurav Pande, Executive Vice President and Business Head of Popeyes (Jubilant FoodWorks Ltd.) engages in a discussion with Rasul...
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