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Voltas AC improves its market share to 19.8%

27 Jun 2013 Evaluate

Voltas, the country’s leading air conditioning and engineering solutions provider, has achieved 19.8% market share in May 2013, in terms of sales volume at multi-brand outlets according to GFK Retail Audit Report. The brand has sustained its number one position, established in FY12-13, in an intensely competitive market. After this, the company has managed to widen its lead and made a significant advance from its overall market share of 18.4 percent in FY12-13.

Voltas' strong performance in May is reflected in various regional achievements. In North India, which accounts for almost 38% of the AC market, the brand leads with close to 30% share. This includes an undisputed 36.1% share as the No 1 brand in Delhi, one of India's largest markets for room ACs, followed by Punjab and Haryana.  The brand also holds the No 1 ranking in UP, Rajasthan, MP, Bihar, Jharkhand and, most significantly, Mumbai.

Voltas is one of the world's premier engineering solutions providers and project specialists. The company offers engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, electro-mechanical projects, textile machinery, mining and construction equipment, materials handling equipment, water management & treatment, cold chain solutions, building management systems, and indoor air quality.

Peers
Company Name CMP
Voltas 1164.50
Blue Star 1560.00
Amber Enterprises 7237.20
EPACK Durable 185.30
Bosch Home Comfort 1707.50
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