The “Built-in Home Appliances Market” Report provides insightful data on business strategies, top industry trends, growth opportunities, and challenges of top
Synopsis
Sales of air-conditioners grew by 25%, refrigerators by 15%, microwave ovens by 39% and washing machines by 24% by the number of units sold in both retail stores and online since India unlocked in the second half of last calendar year boosted by record Diwali sales.
Agencies
Godrej Appliances business head Kamal Nandi said consumers are spending on essentials since the pandemic and appliances have become an essential product for them rather than discretionary.
Consumer electronics industry logged in decade high sales between July-December in home appliances and one of the highest ever in the Diwali quarter, reveals just released data from market researcher GfK India which is the only agency that tracks actual sales.