Page 2 - Air Conditioners

Amber Enterprises zooms 82% in 1 year; trades at record high

Amber is poised for healthy long-term growth on the back of diversification of the consumer durables segment beyond RACs, improved capacity utilization and broader product offerings across segments.

Consumer protection: Seller equally liable for any defective product

The District Commission pointed out that under consumer law, the seller is equally accountable for ensuring that the buyer receives a defect-free product

Companies expect demand boost after 10% GST cut on AC, TV, dishwashers

Electronics and appliances industry may close the year with 20% growth, says one executive

TVs, ACs, dishwashers GST cut may brighten Diwali for consumer electronics

GST Council has reduced rates on TVs, ACs and dishwashers to 18% from 28% which may boost consumer demand ahead of Diwali

ICEA urges government to reduce GST on ACs and TVs from 28% to 18%

Indian Cellular and Electronics Association seeks GST cut on air conditioners and television sets to improve affordability, boost domestic sales and enhance India's competitiveness in global markets

Blue Star expects AC sales to rise around 20% on tax cut boost, says MD

The eventual tax rate on ACs is not clear but it is now at the maximum 28 per cent, so the planned cut should help dealers and manufacturers, who have struggled this year due to a cooler summer

Europe turns to air conditioning as extreme heat becomes new normal

This spring, the owners installed air conditioning - discreet Mitsubishi Compact+ units mounted against the exposed stone walls to preserve the château's traditional charm

PG Electroplast, Blue Star: Why are consumer durables stocks weak today?

The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year.

Thermostat setting: India's move towards energy-efficient AC solutions

We often see airconditioning as a luxury that middle-class families and small businesses cannot afford

Star rating, QR code, origin: Labels on ACs, TVs, fridges to get a revamp

New BEE labelling rules will make appliance tags clearer and more useful with energy use, QR codes, and origin details to guide consumers toward efficient purchases

GST rate rejig: Tractors, ACs may emerge as key beneficiaries, says Nomura

Nomura said scrapping the 12 per cent GST slab could bring major tax relief for tractors and ACs, boosting demand and pricing.

Energy-efficient cooling gets a push as govt mulls AC swap scheme: Details

The Power Ministry is drafting a scheme to replace ACs older than 10 years with 5-star rated models, potentially offering rebates and buybacks

This smallcap household appliances share price rises 2% today; check why

Johnson Controls-Hitachi Air Conditioning India rose today after the board declared an interim dividend of ₹36 per equity share (360 per cent) of ₹10 each for the year 2025-26.

Brokerages cut EPS estimates, downgrade Voltas on weak RAC demand outlook

According to JM Financial, Voltas and the overall RAC industry saw a 20-25 per cent year-on-year (Y-o-Y) volume decline in April and May, primarily due to unseasonal weather.

High inventory, weak demand dent prospects of air conditioner makers

Rain came early, sales didn't as cooling firms face a bloated inventory and damp volume squib

How your air conditioner can help power grid, rather than overloading it

Researchers have found that coordinating large numbers of home air conditioners can help balance power grid supply and demand-without compromising indoor comfort or raising room temperatures

India plans to standardise air-conditioning temperature to save power

The move aims to cut peak power consumption, reduce emissions and electricity bills, and promote energy efficiency amid rising cooling demand in a warming climate

BSES summer offer: Up to 63% off on ACs, fans in new exchange scheme

Residents in Delhi can cut cooling costs as BSES reintroduces its 2025 exchange scheme, offering steep discounts on energy-efficient ACs and ceiling fans.

Early rains throw a wet blanket over FMCG, air conditioner, beauty sales

Typically, the summer season from April to June sees peak sales of cold beverages, including carbonated drinks, ice creams, ACs, and other edible and non-edible cooling products

India bought 14 mn ACs in 2024: Cooling boom adds to environmental burden

More air conditioners will also increase the demand for electricity, most of which comes from burning coal - a major source of climate pollution