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Blue Star eyes Rs 1,700 cr revenue from AC segment in FY19

Air conditioner maker Blue Star has launched 100 products for this summer season and has set a target of Rs 1,700 crore revenue from room AC segment as well as higher market share in the current fiscal."There are strong...

Blue Star eyes 12.5 pc market share, to take call on J&K plant

Air conditioner and commercial refrigerator maker Blue Star is aiming a 12.5 percent market share in the room air conditioner segment in 2018-19, as the demand is likely to grow due to indications of a hotter summer."There are strong...

Blue Star to invest Rs 100 crore in FY19

Air-conditioner maker Blue Star is looking to invest about Rs 100 crore in FY19 on new product development, R&D initiatives and advertising and brand communication, as part of its business growth plans in India.According to a PTI report: While...

Blue Star evaluates plans to set up Jammu plant

Air-conditioner manufacturer Blue Star Ltd is evaluating plans to set up a factory in Jammu and would decide about it at next month's board meeting, a top company official said. According to a PTI report: The company had announced setting...

Sam Balsara, Additional Director, Blue Star

Madison World Chairman and MD Sam Balsara has been appointed on the board of the air conditioner and commercial refrigeration maker Blue Star's as additional director. Balsara's appointment has been effective from June 20, 2017. He has over 45 years of...

Blue Star appoints Sam Balsara Additional Director

Madison World Chairman and MD Sam Balsara has been appointed on the board of the air conditioner and commercial refrigeration maker Blue Star's as additional director. According to a PTI report: Balsara's appointment would be effective from June 20, 2017. He...

Blue Star awaits greater clarity on GST compensation for J&K plant

Air conditioning and commercial refrigeration major, Blue Star Ltd said that it was awaiting greater clarity on Goods and Services Tax (GST) compensation for their proposed greenfield plant at Jammu before moving ahead any further constructing the factory. "J&K has...

Blue Star expects 30 per cent growth in this financial year

Blue Star, the air conditioning and commercial refrigeration major, has anticipated an overall growth of 30 per cent during the current financial year. According to a report in PTI: "Blue Star as a brand continues to be a strong player...

Blue Star to set up two units in Jammu and Andhra

The largest AC and refrigeration company of India, Blue Star, announced today that it is planning set up two units in Jammu and Andhra Pradesh. They have earmarked Rs 215 crore for the new establishments. Blue Star has an annual...

Blue Star to hit Rs 1200cr revenue from room AC

Air conditioner maker Blue Star is expected to hit a revenue of Rs 1,200 crore from room AC segment in financial year 2016-17. Currently, the revenue from room AC stands around Rs 1,000 crore. The total AC market is estimated...
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