Blue Star sees home AC sales rising 25% in Q1
Financial Express Mumbai|April 10, 2024
BLUE STAR ON Tuesday said it expects up to 25% growth in sales of residential ACs in the June quarter, the period which accounts for the highest number of sales due to the temperature rise and heat wave.
AKANKSHA NAGAR
Blue Star sees home AC sales rising 25% in Q1

The company has already witnessed up to a 40% year-onyear increase in sales of AC in March from the Southern region, where sales of cooling products start early, Blue Star managing director B Thiagarajan said."Our goal is to reach the market share of 15% in FY25.

So we are working towards that, we have another 11 months to go," Thiagarajan said.

To woo customers in its fold, Blue Star, which launched a new range of over 100 affordable and premium models of AC on Tuesday, plans to invest over Rs 40 crore in advertising during the summer season.

This story is from the April 10, 2024 edition of Financial Express Mumbai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the April 10, 2024 edition of Financial Express Mumbai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS MUMBAIView All
Financial Express Mumbai

‘Lightbox 2.0 will enhance our operational expertise'

Venture capital firm Lightbox Ventures is gearing up to raise a $200million fund. Managing director Sandeep Murthy discusses the company's strategic shift, and future plans in an interview with with Anees Hussain.

time-read
2 mins  |
February 18, 2025
Financial Express Mumbai

Challenges After Childhood Cancer

Young adults typically aspire to achieve financial and emotional stability, seeking a caring and affectionate partner.

time-read
2 mins  |
February 18, 2025
Financial Express Mumbai

Exports Drop 2.4% in Jan, Trade Deficit as Expected

INDIA'S MERCHANDISE TRADE deficit touched $23 billion in January as exports of petroleum products more than halved last month while imports of machinery, raw materials and gold showed significant growth rates.

time-read
2 mins  |
February 18, 2025
Financial Express Mumbai

Misinformation & Myths

Cancer is a complex and often misunderstood disease, and unfortunately, many myths and misinformation surrounding it continue to circulate, causing confusion and fear, usually leading to harmful decisions about treatment and prevention.

time-read
1 min  |
February 18, 2025
Financial Express Mumbai

Benefits Of Cancer Screening

A recent report in the prestigious Journal of the American Medical Association (JAMA, Dec 5 2024) estimated that in the US, 5.94 million cancer deaths were averted for breast, cervical, colorectal, lung, and prostate cancers combined, of which, cancer prevention and screening efforts averted 8 of 10 of these deaths (4.75 million averted deaths).

time-read
1 min  |
February 18, 2025
Financial Express Mumbai

India to build first offshore airport

To come up on an artificial island near Mumbai

time-read
1 min  |
February 18, 2025
Financial Express Mumbai

DeepSeeking AI Action Summit

Even though America signed the 2015 Paris Climate Summit, they continued to feel uneasy about it.

time-read
4 mins  |
February 18, 2025
Financial Express Mumbai

Jio-bp to expand retail infra, EV charging units

Scaling Up

time-read
1 min  |
February 18, 2025
Financial Express Mumbai

Exports drop 2.4% in January

THE CURRENT ACCOUNT deficit (CAD) has been contained at 1.2% of GDP in the second quarter of 2024-25 due to higher services export earnings.

time-read
1 min  |
February 18, 2025
Financial Express Mumbai

Higher bank deposit cover on the cards

THE GOVERNMENT IS \"actively considering\" a higher insurance cover for bank deposits from the ceiling of ₹5 lakh fixed less than five years ago, department of financial services (DFS) secretary M Nagaraju said on Monday.

time-read
1 min  |
February 18, 2025