THE EXTREME COLD affecting several parts of India has caused a twofold jump in demand for room heaters across sales channels. Demand for high-capacity geysers (15 litres or more) has also surged considerably. The room heater market in India—valued at $94.6 million (around ₹784 crore) in 2023— is pegged to grow at a CAGR of 6.76 per cent till 2029, per management consulting firm TechSci Research. It says the water heater market—valued at $285.85 million (around ₹2,366 crore) in 2023—would grow at a CAGR of 7.15 per cent through 2029.
Esta historia es de la edición February 04, 2024 de Business Today India.
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Esta historia es de la edición February 04, 2024 de Business Today India.
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