BLUESTAR; The demand for room ACs is seeing substantial growth, driven by intense summer heat across various parts of the country and the rising disposable incomes of India's expanding
middle class.
Additionally, this growth is fueled by the increasing demand in Tier 3, 4, and 5 markets, as well as by replacement buyers and those purchasing ACs for additional rooms in their homes. According to estimates, India's AC industry is projected to double by FY30.
To meet this growing demand, Blue Star has launched a slew of products, leveraging its
manufacturing, R&D and innovation capabilities to introduce new, differentiated and best-in-class ACs.
middle class.
Additionally, this growth is fueled by the increasing demand in Tier 3, 4, and 5 markets, as well as by replacement buyers and those purchasing ACs for additional rooms in their homes. According to estimates, India's AC industry is projected to double by FY30.
To meet this growing demand, Blue Star has launched a slew of products, leveraging its
manufacturing, R&D and innovation capabilities to introduce new, differentiated and best-in-class ACs.
Bluestar MD Says AC market at inflection point ,450M middle-class consumers by 2030 to drive exponential growth.
Housing expansion, renewable energy, and rural demand to boost industry.
Investing in R&D, manufacturing, and supply chain to outpace market growth.
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