Panasonic, LG, Voltas expect high white goods demand this year; here s why
The industry is hopeful of high demand for consumer durables, especially cooling appliances. In addition to the weather, the rising cases along with the work from home culture is likely to fuel the demand for white goods in the country
Nidhi Singal | April 5, 2021 | Updated 18:25 IST
For the year ending 31 March, 2021 Panasonic is expecting a growth of more than 40% across consumer durables compared to 2019
With the India Meteorological Department s (IMD) outlook for a warmer than usual summer this year in most regions of India, the industry is hopeful of high demand for consumer durables, especially cooling appliances. In addition to the weather, the rising cases along with the work from home culture is likely to fuel the demand for white goods in the country.