A UC Berkeley study says stricter air-conditioner efficiency standards can reduce peak power demand, lower electricity bills and help India avoid future power shortages
Government urges consumers to conserve electricity as heatwaves drive record power demand, with peak consumption crossing 270 GW this week
India's cooling demand is surging with rising heat and incomes, but outdated rules are slowing adoption of cheaper, cleaner refrigerants that could ease pressure on the power grid
Unseasonal rains and West Asia conflict may hit demand and costs, but Blue Star expects 20 per cent growth backed by strong long-term AC market expansion
PG Electroplast share price surged up to 9 per cent on Tuesday after the company said its AC production has normalised despite LPG shortage. Analysts see limited Q4 impact; maintain positive outlook.
Air-conditioner manufacturers are treading cautiously after unusual rainfall triggered by western disturbances swept large parts of the country that could potentially disrupt early summer demand, which typically drives sales. The industry is also jittery over the recently announced price hikes amid the ongoing geopolitical tension in West Asia that led to an increase in prices of raw materials, such as plastics, while limited availability of LPG gas, impacting production. Because of plastic, prices of other large appliances such as washing machines are also likely to rise 10-12 per cent, industry leaders indicated. March is traditionally when demand for cooling products accelerates, but the unusual weather has left manufacturers jittery. However, industry executives remain hopeful as they expect a rise in temperature in April. "If you look at the weather, beyond next week, temperature is moving up now in Delhi and parts of north India," said Kamal Nandi, Business Head and EVP, ...
Strong summer demand, low base and inventory push to support AC growth despite price hikes, raw material inflation and evolving energy efficiency norms
Analysts are positive on AC stocks amid strong summer demand outlook, though they caution that LPG/PNG shortages and rising input costs could impact production in near-term
Air-conditioner makers warn of production risks as LPG shortages linked to the West Asia conflict disrupt supply of fuel used in brazing and coating processes
Blue Star announced the launch of a new range of room ACs for the summer 2026, aimed at strengthening its presence in residential and commercial cooling segments
As the mercury starts rising, leading room airconditioner makers are increasing prices in the range of 5-15 per cent to offset sustained increases in raw material costs and supply chain expenses. The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges. Leading players, including Daikin, Voltas, Blue Star, LG, Haier, and Mitsubishi Heavy Industries, have announced increases across models, passing on higher input costs for key raw materials such as copper, a weaker rupee, new energy-efficiency norms and an increase in freight costs. Industry executives said while adjustments are unavoidable, they expect strong sales momentum this year, aided by forecasts of a hotter summer and improved energy savings from new star-rated models. Daikin India is going to increase prices by up to 12 per cent from April, and the hike in prices would depend on model to model, its Chairman & Managing Director Kanwaljeet Jawa told ...
As the mercury starts rising, leading room airconditioner makers are increasing prices in the range of 5-15 per cent to offset sustained increases in raw material costs and supply chain expenses. The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges. Leading players, including Daikin, Voltas, Blue Star, LG, Haier, and Mitsubishi Heavy Industries, have announced increases across models, passing on higher input costs for key raw materials such as copper, a weaker rupee, new energy-efficiency norms and an increase in freight costs. Industry executives said while adjustments are unavoidable, they expect strong sales momentum this year, aided by forecasts of a hotter summer and improved energy savings from new star-rated models. Daikin India is going to increase prices by up to 12 per cent from April, and the hike in prices would depend on model to model, its Chairman & Managing Director Kanwaljeet Jawa told ...
Carrier's ₹1,000 crore investment in a new AC plant strengthens Sri City's position as India's cooling hub, with manufacturers expanding capacity and the region gaining strategic supply advantages
The stock price of Voltas was up 3% to ₹1,545.15, surpassing its previous high of ₹1,530 touched on March 19, 2025 on the BSE.
Industry estimates show only a tenth of Indian households own an AC, compared to two-thirds in China and one-third in Thailand
Voltas posted largely in-line revenue for Q3, but better-than-expected profitability, particularly in its UCP segment, prompted a reassessment of near-term margin trends among analysts.
Accel and Arkam Ventures back the startup, founded by Urban Ladder's Ashish Goel, as it develops energy-efficient cooling systems tailored to India's power and climate constraints
Prices of cooling appliances such as room air conditioners and refrigerators may go up 5-10 per cent from January 1, 2026, as the new revised star rating from the Bureau of Energy Efficiency (BEE) comes into force. This hike, which will be applicable from January 1, 2026, will almost offset the price advantage which the consumers have got from the GST reforms in September this year on room air-conditioners (RAC), where duty was slashed 10 per cent. Besides the fall of the Indian rupee against the US dollar and global increase of copper prices is also putting pressure on manufacturers' margins. Despite this, leading manufacturers such as Voltas, Daikin, Blue Star, and Godrej Appliances are unfazed and expect this to help to keep the carbon footprints lower. The new 5-star AC under the new revised BEE norms is 10 per cent more energy efficient; however, it will also increase the prices by around 10 per cent, said Blue Star Managing Director B Thiagarajan. "New 5-star is a new produc
Voltas management has indicated that Q3FY26 trends are in line with internal expectations, with most sales still driven by products under the old energy rating table.
Old inventory in the channel is also moving fast, as consumers hope to lock in prices before the new BEE ratings set in