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Premium AC brands flow into mass market

Air conditioner (AC) makers are partly shedding their green quotient to become pocket-friendly, as more manufacturers line up lesser energy-efficient 3-star category models from their 5-star (or most energy-efficient) stable. In the process, they have knocked off nearly Rs 9,000 — or 25% — from the AC’s price and entered a fiercely competitive segment, which accounts for nearly 70% of the entire market.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/37jJTnO
Premium AC brands flow into mass market Premium AC brands flow into mass market Reviewed by Space encyclopaedia on February 10, 2020 Rating: 5

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