Facing cost pressure, AC cos signal price hikes
India's room air-conditioner market faces price hikes due to rising commodity costs and stricter energy-efficiency norms, with manufacturers indicating further increases. Despite a challenging year and volatile demand, companies are optimistic about long-term growth, projecting the market to nearly double by FY30.
India's room air-conditioner market faces price hikes due to rising commodity costs and stricter energy-efficiency norms, with manufacturers indicating further increases. Despite a challenging year and volatile demand, companies are optimistic about long-term growth, projecting the market to nearly double by FY30. What's Your Reaction?
