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47· Steady
Markets1h 23m ago
Room air-conditioner volumes grew more than 40% year-on-year in May, while overall industry value growth was estimated at 25-30%.
India
Who
PG Electroplast, Blue Star, Voltas, Havells India, Jefferies, India Meteorological Department, Vikas Gupta, B Thiagarajan
What
Room air-conditioner volumes grew more than 40% year-on-year in May, while overall industry value growth was estimated at 25-30%.
When
Tue, 16 Jun 2026 06:35:09 GMT · 1h 23m ago
Where
India ·
Why
Expectations of a prolonged summer and a weaker-than-normal monsoon boosted sentiment around cooling-product demand.
The Frontline Impact
How this affects you
A strong rise in demand for air conditioners in India due to weather forecasts is driving significant growth for manufacturers, though rising raw material costs are challenging profitability.
Story chain
1 event in this threadNo related history yet - this is the origin event.
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