ADVERTISEMENT
What Helped Air Conditioner Makers Buck The Trend Amid A Slowdown
Sales of air conditioners revived in seasonally strong April-June period, driven by inverter air conditioners.
23 Aug 2019, 12:13 PM IST
Inverter air conditioners cushioned the makers of cooling appliances as they grappled with piled-up inventory and a slowing economy.Sales of inverter air conditioners, which vary their cooling or heating capacity by adjusting power supply to compressors, jumped over last year on account of falling prices and new energy efficiency standards that kicked in 2018. That aided the revenue growth of the cooling segment for appliance makers ...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT