The Core
The Core
February 25, 2025 at 08:03 AM
Is India’s AC industry ready for the surge in demand as heatwave season nears? 🥵 🌡️ Driven by rising temperatures, urbanisation, higher disposable incomes, and attractive financing options, the industry is expected to grow 10-12% in 2025-26. The market is projected to expand from 8.5 million units in 2023 to 18 million units in 2025, Ajay DD Singhania, managing director and CEO of EPACK Durable Limited, told The Core. But on the ground, retailers are struggling with major supply chain disruptions. Read Salman SH's report for the full story. https://www.thecore.in/business/india-air-conditioner-market-demand-supply-chain-issues-826426

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