AC sales hit record high of 1.75 million sales in April
Real Estate

AC sales hit record high of 1.75 million sales in April

Between the early arrival of summer and intense heatwave, Consumer Electronics and Appliances Manufacturers Association (CEMA) is expecting record sales of around 90 lakh units this year. The industry has already clocked a sale of around 1.75 million units last month, which is also a record high for the month. The figures are double compared to April 2021 and 30-35 per cent over April 2019 figures.

Due to high demand and supply constraints of components such as controllers and compressors, the availability of certain products, especially the energy-efficient 5-star range, could be an issue in the next couple of months as manufacturers may not be in a position to supply their entire range of models to meet the rising market demands. 

The demand has been chalked up to the opening up of markets and the sweltering heat wave. CEMA has cautioned that the availability of certain products could be an issue as there are supply issues of controllers and compressors especially from China, while the demand for more energy-efficient ACs has been very high. There could also be a price hike of around 4-5 per cent to protect margins since the input costs have increased substantially.

Between the early arrival of summer and intense heatwave, Consumer Electronics and Appliances Manufacturers Association (CEMA) is expecting record sales of around 90 lakh units this year. The industry has already clocked a sale of around 1.75 million units last month, which is also a record high for the month. The figures are double compared to April 2021 and 30-35 per cent over April 2019 figures.Due to high demand and supply constraints of components such as controllers and compressors, the availability of certain products, especially the energy-efficient 5-star range, could be an issue in the next couple of months as manufacturers may not be in a position to supply their entire range of models to meet the rising market demands. The demand has been chalked up to the opening up of markets and the sweltering heat wave. CEMA has cautioned that the availability of certain products could be an issue as there are supply issues of controllers and compressors especially from China, while the demand for more energy-efficient ACs has been very high. There could also be a price hike of around 4-5 per cent to protect margins since the input costs have increased substantially.

Next Story
Infrastructure Urban

Kashmir Receives First-Ever Automobile Consignment By Rail

In a landmark moment for Jammu and Kashmir’s transport infrastructure, the Valley has received its first-ever automobile consignment by rail, signalling a major advancement in freight connectivity.A freight rake carrying over 100 vehicles arrived early this morning at the newly operational Goods Shed in Anantnag, South Kashmir. The train, dispatched from Maruti Suzuki India Limited’s Gati Shakti Terminal in Manesar, Haryana, completed its 850-kilometre journey in approximately 45 hours.Officials described the successful operation as a “significant leap forward” in Kashmir’s logistics..

Next Story
Infrastructure Transport

Kilambakkam Station, Skywalk Opening Delayed To January 2026

The long-awaited Kilambakkam railway station and pedestrian skywalk connecting it to the Kilambakkam Kalaignar Centenary Bus Terminus (KCBT) will now open only by January 2026, after multiple construction delays by both the Chennai Metropolitan Development Authority (CMDA) and Southern Railway. The postponement has left thousands of commuters struggling with poor connectivity during the ongoing festive season.Located nearly 25 kilometres from Chennai, KCBT serves as a major hub for mofussil and SETC buses heading to districts across Tamil Nadu. In the absence of train connectivity, commuters a..

Next Story
Infrastructure Transport

Railways Clears Rs 1.12 Billion Six-Lane Bridge Near Amaravati

The Ministry of Railways has approved the construction of a six-lane road over bridge (ROB) at the E13 extension road between Mangalagiri and Krishna Canal stations in Andhra Pradesh, at an estimated cost of Rs 1.12 billion. The project, fully funded by the Railways, aims to improve regional connectivity and ease traffic flow towards the Amaravati Capital Region.The proposed bridge will provide a crucial link between National Highway-16 (NH-16) and Amaravati, crossing the busy Chennai–Howrah railway line near Vijayawada. Initially planned as a four-lane structure, the design has been upgrade..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?