Voltas is expecting a strong double-digit growth in sales of air conditioners this year on account of buoyant summer and hybrid working model adopted by people in the backdrop of the Covid pandemic.
The company attained the pre-Covid sales numbers during the festival season last year and expects to continue with the positive momentum this summer. It is also witnessing an increase in sales in smaller towns. Its present AC sales between the metros and non-metros are in the ratio of 55:45, but the company is expecting this number to be reversed in the future. Anticipating a major growth in demand from those markets, it has recently opened several brand shops.
Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.
Company Name | CMP |
---|---|
Voltas | 1300.45 |
Blue Star | 1416.65 |
Amber Enterprises | 3657.00 |
Johnson Controls | 1116.55 |
EPACK Durable | 180.00 |
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