After strong sales in summer season, they have continued to clock 15-20% growth in recent months
Voltas' volume growth and margin should improve moving forward, while Blue Star's business model remains robust and agile, say analysts
The company, which mostly operates in the premium residential AC segment under brand Hitachi, is expecting to almost double the sales of its inverter range of ACs
The IEA projects that by 2050, there could be more than a billion air conditioners in India
Many AC brands are prepared for the future with default temperature that is higher than what the govt has prescribed
Even as Johnson Controls-Hitachi, Voltas, Blue Star, Whirlpool recently recorded new 52-week highs
Implementation of new standards will lead to drop in prices by up to 20%
The company has introduced two new models under the inverter AC range and is set to expand its portfolio to 500 products, a senior company executive said here today