Consumers in Kolkata will experience 2-5% price hikes on electrical goods due to factors like high inflation rates in copper and aluminium, freight cost increases, Red Sea crisis, and rupee depreciation.
Demand for ACs surges in India as retailers face shortages, leading to production challenges for brands like Haier. Voltas office saw a retailer camping out for stock, while managing director Pradeep Bakshi dealt with high demand and depleted inventory.
Summer Products Sales: Demand for ACs surges in India as retailers face shortages, leading to production challenges for brands like Haier. Voltas Ltd office saw a retailer camping out for stock, while managing director Pradeep Bakshi dealt with high demand and depleted inventory.
Havells India has begun selling its made-in-India air conditioners, cables, and lighting products in the US, marking the first Indian electronic manufacturer to launch its own brand there, said chairman Anil Rai Gupta. The company plans to invest Rs 1,000 crore this year to expand capacities and explore AC compressor manufacturing. In 2023-24, it invested Rs 700 crore on capex
Forbes India Rich List 2023 - Forbes India Magazine forbesindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbesindia.com Daily Mail and Mail on Sunday newspapers.