AC sales dip 15% in April as temperature falls; expected to recover in May
Unseasonal rains in north India during April-end and May beginning have put brakes on sales of cooling products such as air conditioners, refrigerators and coolers, according to industry players. Customers have delayed the purchase of air conditioners in April and May, which are considered to be the peak season for the industry. In April, some makers reported around a 15 per cent decline in sales in comparison to the same period a year ago. However, manufacturers including Panasonic, Godrej and Daikin... Читать дальше...