Inverter Ac Sales

AC companies likely to raise prices by 4-5% due to component shortages

Haier, the third-biggest home appliances maker in the country with a close to 10 per cent share in the AC market, is ramping up capacities to address increased demand in the coming period

Rising heat drives up sales of ACs in India; increase in installation times

Installation times of air-conditioners are stretching to two weeks in certain areas, as sales have surged up to three times compared to the previous year

Record volumes, higher market share drive gains for Voltas stock

Voltas became the first Indian company to top the 2 million AC units sales in a financial year. Voltas said the performance was attributed to a consistent demand for cooling products during the year

Unlikely weather in the north hits AC, ice cream, soft drink business

Manufacturers are worried as they have large stocks in place and due to lower demand the inventory of dealers is also rising

LG first in India to sell over 1 mn dual-inverter ACs in six months

LG Electronics on Monday said it has become the first and only company to sell over 10 lakh dual-inverter air conditioners in India in the six-month period in the first half of the year.

AC sales touch record 6 mn units in first half of 2022 amid scorching heat

Air conditioner demand has witnessed a sharp uptick and the industry has registered a cumulative record domestic sales of nearly 6 million units in the first half of this year.

AC sales hit record high of 1.75 million units in April, says CEAMA

Already, in April the industry has clocked the sale of around 17.5 lakh units, which is also an all-time high for the month.

Inverter AC sales swell, ahead of new energy efficiency rules

The share of energy-efficient inverter air conditioners touched 31 per cent during the first six months of 2017, a new high since their introduction in the country. While sale of ACs fitted with smart compressors have been on a rise for some time, the recent surge is attributed to manufacturers' growing interest in the segment. Thanks to the new energy-efficiency norms, to take effect from January next year.LG is one company to have completely moved towards inverter split ACs. Others are preparing to align with the change. B Thiagarajan, joint managing director at Blue Star, says: "Realignment of manufacturing lines is not an issue; technologically, we are fully prepared."LG stopped producing split ACs not fitted with inverter technology from January 2017, a year ahead of the deadline. "Moving to inverter technology at one go was a more preferred idea for us, as it offers economies of scale. Also, positioning of our products is sharper, with a single key proposition to lure ...