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.
Denne historien er fra February 04, 2024-utgaven av Business Today India.
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Denne historien er fra February 04, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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THE SILENT STRATEGIST
Dilip Shanghvi's focus on research and high-margin drugs future-proofs Sun Pharma
THE AUTO SOFTWARE PLAY
KPIT has redefined its trajectory by betting on automotive software, thanks to MD & CEO Kishor Patil's start-up mindset and AI-driven vision
MADE OF STEEL
Abhyuday Jindal, the MD of Jindal Stainless, is building capacity, creating awareness and investing in renewable energy
"LEARN A LOT, EARN A LOT, RETURN A LOT"
Motilal Oswal has spent decades turning his passion for finance into a top-notch diversified financial services player
ROCKY ROAD TO GLORY
BOULDER HILLS WAS A TERRIFIC BACKDROP FOR THE HYDERABAD EDITION OF ROYAL RANTHAMBORE BUSINESS TODAY GOLF
REDEFINING VALUE IN THE AGE OF INTELLIGENCE
Due to technological disruptions and climate change, many India CEOs now feel the need to recalibrate their decision-making processes
REBOOTING FINANCE
THE BT BEST BANKS AWARDS SHOWCASED THE TOP LEADERS OF BANKING AND FINANCIAL SERVICES INDUSTRY, WHO DELIBERATED ON THE FUTURE OF INDIA'S FINANCE SECTOR
BUILDING TRUST
Dr. Devi Shetty set up Narayana Health to make healthcare more affordable. With steady growth over the years, he is now setting sights on expanding abroad
THE MAN BEHIND LOW-COST DRUGS
Mankind Pharma's spectacular growth is often attributed to the Chairman & Whole-Time Director-Ramesh Juneja's-endeavour to make healthcare affordable and accessible
THE GREEN MILE
Under Praveer Sinha, Tata Power has emerged as an important player in green power, offering renewable solutions to varied customers
