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

PTI -
The company has already sold 7 lakh units of residential air conditioner (RAC) in the first three months of the year New Delhi: Air conditioner maker Daikin expects to manufacture two million units in India this fiscal and has plans...
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AC makers clock two-fold jump in sales in May amid scorching summer

PTI -
Leading brands like Voltas, LG, Daikin, Panasonic, and Blue Star witnessed robust sales in May New 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...
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AC industry expects double-digit growth, over 11.5 mn unit sales this season

PTI -
The sale of energy-efficient 5-star inverter-technology-based models will have a higher contribution from metro cities and other big markets New Delhi: The sale of air conditioners has seen a relatively slow start, contrary to expectations, but manufacturers remain confident of...
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Prozo launches cold storage facility in Tamil Nadu

Indiaretailing Bureau -
Located near major seafood hubs in the East Coast region of Tamil Nadu and Andhra Pradesh, the facility spans over 30,000 sq. ft. with a height of 39.8 ft. and is compliant with all safety and security norms Bengaluru: Supply...
Retail

Walmart calls GST rates progressive, but cola makers cautious

Indiaretailing Bureau -
Walmart on Thursday welcomed the four-tier tax structure for GST, but aerated drink makers like PepsiCo and Coca Cola were guarded in their response, saying they will wait for the details to emerge. The GST council has approved a four-tier...
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Daikin targets 20 per cent growth for early summer

Indiaretailing Bureau -
Japanese air conditioner company Daikin is expecting around 18-20 per cent hike in their AC sales this year. Taking advantage of the early summers, the company is also planning to expand into the small towns. "If summer continues like this,...
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In FocusDisha Shah -

Why consumers continue to adhere to traditional preferences in jewellery buying

While modern styles and sustainable options like lab-grown diamonds are rising, many consumers still prefer traditional jewellery The Indian Jewellery...
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