Blue Star is targeting to attain 12% market share in room ACs in FY17 with the launch of its new star-rated inverter air-conditioners. The company also caters to export market generating an export revenue of Rs 200 crore and this share would be increased to Rs 600 crore in three years.
The company has been able to clock a revenue of Rs 3,200 crore and the figure is likely to touch Rs 3,500 crore by the end of the current fiscal, Menon told reporters on the sidelines of the launch of the Blue Star’s new line-up consisting of 135 models in Kerala.
Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers.
