The residential segment in the window category of coolers is largely dominated by the unorganised sector and the company's foray into the segment is aimed at tapping this market in a big way, its chairman and managing director Achal Bakeri said in a statement.
"India is a traditional air cooler market with a huge unorganised segment dominated by window installed metal body coolers. We could foresee that by tapping into this segment we could achieve tremendous incremental growth in the near future," he said.
The plastic window coolers will be available in three models, Window 70, Window 41 and Window 51 while R28 and R28i are two models in metal body.
"The new range of coolers with advanced features and digital control panel are perfectly suitable for places experiencing long and harsh summer months," he said.
Currently, the air cooler market in India is estimated to be around Rs 2,500-3,000 crore and growing at 15-20 per cent per annum.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
