Heatwave spurs AC sales after a slow start of summer

Last Updated: Sunday, May 31, 2015, 11:08

The market was affected as over all 50 percent of sales comes from the Northern region. In April the growth was in single digit but in May volume growth was up to 20 percent.

LG to increase exports from India to 15% in 2 years

Last Updated: Friday, December 12, 2014, 17:37

Currently, about 10 percent of LG products manufactured in India are exported to 80 countries of South-East Asia, South Africa, Middle East and South American regions.

Haier eyes 43% growth in 2013

Last Updated: Sunday, March 10, 2013, 19:09

Home appliances and consumer electronics company Haier Indian aims to grow by 43 percent this year.

Haier aims over 40% jump in sales at Rs 1,700 cr in 2013

Last Updated: Saturday, March 9, 2013, 15:51

Consumer durables firm Haier on Saturday said it is looking at over 40 percent growth in revenue at Rs 1,700 crore this year, driven by refrigerators and flat panel TVs.

Samsung sets 50% growth target in refrigerators and AC mkt

Last Updated: Tuesday, January 29, 2013, 17:34

The refrigerators come with a 10 year warranty offered for the first time in refrigerators, Samsung India Home-Appliance Business Head, Rajeev Bhutani said after launch of new range of refrigerators and air-conditioners.