Voltas, the market leader with an 18% share in the RAC seg, is looking to strengthen its position by expanding its premium portfolio.
(Photo source: Freepik)
Management expects a sequential recovery through Q3 and Q4, with Q3 anticipated to perform particularly well. This optimism is underpinned by multiple growth drivers, including strong festive demand, the GST rate reduction from 28% to 18% for ACs and dishwashers effective 22-Sep, and pentup demand from the subdued summer.