Voltas’ air conditioners are assembled in India. In the eyes of Indian consumers, they are a made-in-India brand.
But look under the hood of the air conditioners and 50 percent of components—compressors, controllers, motors, and copper tubes—come from China. “There is no compressor manufacturer in India,” says Pradeep Bakshi, managing director at Voltas.
While the company is looking to develop a vendor ecosystem, it would take a minimum of 12-18 months to put that in place. Bakshi says the company is exploring several options, including tying up with rivals, to set up a compressor facility that can manufacture at scale. Vendors in this space work on large top lines and low margins and no one Indian air conditioning company can give them the business they need to be viable.
In the interim, Voltas continues to import from its Chinese suppliers. The recent border skirmishes as well as the government’s call for industry to become ‘aatmanirbhar’, or self- reliant, have done nothing to halt their Chinese imports. It’s business as usual.
この記事は Forbes India の July 31, 2020 版に掲載されています。
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この記事は Forbes India の July 31, 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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