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
This spring, the owners installed air conditioning - discreet Mitsubishi Compact+ units mounted against the exposed stone walls to preserve the château's traditional charm
The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year.
We often see airconditioning as a luxury that middle-class families and small businesses cannot afford
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
Nomura said scrapping the 12 per cent GST slab could bring major tax relief for tractors and ACs, boosting demand and pricing.
The Power Ministry is drafting a scheme to replace ACs older than 10 years with 5-star rated models, potentially offering rebates and buybacks
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.
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.
Rain came early, sales didn't as cooling firms face a bloated inventory and damp volume squib
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
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
Residents in Delhi can cut cooling costs as BSES reintroduces its 2025 exchange scheme, offering steep discounts on energy-efficient ACs and ceiling fans.
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
More air conditioners will also increase the demand for electricity, most of which comes from burning coal - a major source of climate pollution
This would help bring in more efficiency in cooling and can potentially control sudden power demand spikes as well as slash electricity bills
Sudden shifts between air conditioning and summer heat can harm your health-here's how office-goers can stay protected and energised
The company witnessed a record 30 per cent sales growth in consumer appliances in the ongoing summer season, primarily led by the sale of air conditioners
Consumers may be able to turn in their old units and receive a certificate that can be redeemed while purchasing a new five-star AC, that can save up to ₹6,300 a year in electricity bills
Intermittent rainfall in south India and recent thunderstorms with moderate rain in some parts of north and eastern regions have slowed down the pace of sales of room air conditioners in April, but the industry is still expecting a double-digit growth with recent weather forecasts suggesting an intense summer. Manufacturers of room air conditioners (RAC), including Blue Star, Samsung, and Haier, are also going for a price increase of up to 5 per cent in April, extending the impact on raw material costs and currency exchange fluctuations amidst macroeconomic volatility. Besides, the room AC industry is still dependent on imports of crucial components such as compressors, PCBs, and fan motors, mainly from China, and is anxiously looking at the tariff standoff triggered by the Trump administration. Despite such odds, the RAC industry expects a double-digit growth in the June quarter, the season contributing a large chunk for sales of compressor-based cooling products, over the high bas