Wed, Apr 10, 2024
According to the company, they are expecting an average of 50 to 60 crores in sales growth for ACs.
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Thu, Feb 23, 2023
'Smart air conditioners not only help to survive the hot summer spell or the highly humid rainy season but also the dry winters.
Wed, Apr 07, 2021
It's yet another major step towards PM Narendra Modi's vision of 'Atmanirbhar Bharat'!
Wed, Dec 16, 2020
The AC business has witnessed good growth momentum since Q2 FY21 and with expectation of a harsher summer; the industry and Voltas are looking to recoup some of its lost sales by FY21 end. The inventory level remains high, however with expectations of supply disruptions and price increases, channel partners are stocking up. Voltas expects inventory levels to normalise by Q4 FY21. Given the logistical issues to import key components and the inherent higher inflation rates, the company is likely to look at price hikes by Q4 FY21. The company continues to maintain its margin guidance of 11% to 12%.
Sun, May 21, 2017
According to Consumer Electronics and Appliances Manufacturers Association (CEAMA), consumer durable firms are expecting sales of TVs, refrigerators and ACs to be impacted in July-August once the GST comes into implementation on July 1.
Fri, Apr 07, 2017
Flipkart and Amazon India have started their three-day sale on electronics products starting from April 7 this week and ending on April 9.
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