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<ul><li>IMD forecasts a searing summer with “above normal” temperatures in most of northeast, eastern, central India and parts of northwest India.</li><li>Japanese electronics brand Panasonic expects a good summer with double digit growth.</li><li> JM Financial is of the view that demand for ACs will pick up this March and dealers are stocking up inventory.</li></ul>The summer of 2023 got off to an early start, and even with gusts of hail and wind, unpredictable and unseasonal weather is bringing cheer to makers of air conditioners. “We believe summer-23 is likely to be a healthy season for <keyword id="7743494" type="General" weightage="20" keywordseo="ac-manufacturers" source="Orion">AC manufacturers</keyword>, given soaring temperature and higher probability of occurrence of heat waves across cities and normalisation of commercial activities,” said a report by JM Financial. The report suggests that AC demand will pick up this March, and dealers have already started stocking up inventory in anticipation of good sales. Analysts at JM Financial believe that this year is widely expected to be a little hotter than the previous two years globally “mainly because of the expected end of the strongest ever La Niña event”. The India Meteorological Department (IMD) too forecasts a searing summer with “above normal” temperatures in most of northeast, eastern, central India and parts of northwest India. In fact in March, several parts of the country have been impacted with <a href="https://www.businessinsider.in/india/news/erratic-rains-thunderstorms-more-in-march-impacts-lives-and-livelihoods/slidelist/98807776.cms">erratic environmental changes </a>including early monsoon, hailstorms and strong winds. This was right after an unusually hot February. Besides, it also expects heat waves during March-May in most parts of India, except for the northeastern states, Jammu and Kashmir, Uttarakhand, Himachal Pradesh, Kerala and coastal Karnataka. Hot summer to bring hot sales for AC manufacturers Japanese electronics brand Panasonic also expects a good summer with double digit growth. “At Panasonic, we are expecting healthy growth for our summer products such as ACs, refrigerators, etc., to name a few. Last year for our cooling products like ACs and refrigerators, we registered around 35% (for April 2022 till February 2023 as compared to the same period in 2021). this year we are hoping for continued growth momentum registering double-digit growth,” said Fumiyasu Fujimori, MD, Panasonic Marketing India, Panasonic Life Solutions India. High demand from Mumbai &amp; Bengaluru Analysts say that demand has already picked up in anticipation of a hot summer. The report stated that demand in all major cities like Delhi, Chennai, Hyderabad and Kolkata witnessed moderation currently, whereas Mumbai, Bengaluru and certain pockets in Ahmedabad are witnessing pickup in demand given the early onset of summer. The brokerage firm has stated that Voltas remains their top pick, followed by <keyword id="152126" type="General" weightage="20" keywordseo="blue-star" source="Orion">Blue Star</keyword> and Amber Enterprises. Analysts feel that rising disposable income, improving standard of living and willingness to spend on comfort is the reason why demand for such white appliances is increasing. “With the increase in disposable income, rapid urbanization, improving standard of living, and easy financing options, consumers are willing to spend on appliances that are energy-efficient, smart, connected, and provide comfort and convenience that enhances their lifestyles,” said JM Financial. The Consumer Electronics and Appliances Manufacturers Association is expecting sales in the summer periods of March to May this year to be anywhere between 15% to 20% higher than last year, according to a report by <a href="https://www.cnbctv18.com/business/consumer-durable-makers-gear-up-make-hay-while-sun-shines-expect-20-percent-growth-in-sales-16226681.htm">CNBCTV18</a>. Channel check with dealers by JM Financial shows that demand for Voltas and other brands like Lloyd, Hitachi and Panasonic is better than previous years. They say that currently, demand for products of Voltas remains high, especially in lower tier cities because of higher brand awareness. However, with increased product offering by other brands, dealers anticipate pickup in demand from other brands as well. Analysts say Blue Star continues to be a preferred brand in Southern markets, while their presence in the North is also increasing. Other players such as Lloyd and LG continue to be preferred brands of choice for customers in South India whereas Daikin, Hitachi, LG and Panasonic are prominent in West India, says the report. Listed AC manufacturers <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">AC manufacturers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">% change YTD </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Blue Star </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">21.53% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Voltas </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">3.94% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Amber Enterprises India </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-0.73% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Johnson Controls Hitachi Air Condition </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-1.21% </td></tr></tbody><tbody></tbody><tbody></tbody></table> Room for growth Besides, the Indian summer has broken multiple heat records over the past decade and created a strong demand for air conditioning in Indian homes and offices, says Statista, a data platform. “Increasing demand for home appliances , along with a fairly low penetration rate, has left the Indian <keyword id="6365348" type="General" weightage="20" keywordseo="air-conditioner" source="Orion">air conditioner</keyword> market with plenty of room to grow and is estimated to reach 9.7 million units in the financial year 2023,” said Statista. Adding to the celebration, since October 2020, the Indian government has banned imports of ready-to-install air conditioners, providing a boost to manufacturers in India. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/digitalisation-credit-growth-government-policies-to-drive-msme-growth-say-experts/articleshow/98962354.cms">Digitalisation, credit growth, government policies to drive MSME growth, say experts</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/first-82-days-of-2023-see-more-layoffs-than-the-entire-2022/slidelist/98960848.cms">First 82 days of 2023 see more layoffs than the entire 2022</a>

AC manufacturers expect strong growth this summer led by unseasonal weather

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Electronics are one of the top-selling items online mainly because of the crazy deals that we see happening, on an e-commerce website or a mobile app. <keyword id="824043" type="COMPANY" weightage="20" keywordseo="Business-Insider">Business Insider</keyword> got an exclusive insight from <keyword id="6354742" type="COMPANY" weightage="100" keywordseo="Flipkart">Flipkart</keyword> who have analyzed online shopping of over 100 million customers across India, over 2016 across all Flipkart-owned platforms. 
 
Consumer electronics and appliances have grown substantially this year after customers were offered unbelievable discounts, cash backs and exchanges, seen like never before. 
 
<a href="http://www.businessinsider.in/how-india-shopped-on-snapdeal-in-2016/articleshow/56202021.cms">ALSO READ: How India shopped on Snapdeal in 2016</a> 
 
These are some interesting facts on What sells: 
 
Top 5 TV Brands 
 
- VU - <keyword id="10591" type="CITY" weightage="20" keywordseo="Samsung">Samsung</keyword> - <keyword id="6356116" type="CITY" weightage="20" keywordseo="LG">LG</keyword> - <keyword id="49514" type="ORGANIZATION" weightage="20" keywordseo="bpl">BPL</keyword> 
- Sony 
 
<a href="http://www.businessinsider.in/exclusive-this-is-how-you-can-get-free-cloud-credits-on-digital-ocean/articleshow/56217172.cms">ALSO READ: Exclusive: This is how you can get free cloud credits on Digital Ocean</a> 
 
Top 5 <keyword id="4010385" type="UNKNOWN" weightage="20" keywordseo="washing-machine-brands">Washing Machine Brands</keyword> 
 
- IFB - <keyword id="15765" type="COMPANY" weightage="20" keywordseo="whirlpool">Whirlpool</keyword> 
- LG 
- BPL 
- Haier 
 
Top 5 <keyword id="4010384" type="UNKNOWN" weightage="20" keywordseo="refrigerator-brands">Refrigerator Brands</keyword> 
 
- Whirlpool 
- LG 
- Samsung 
- Kelvinator - <keyword id="6369697" type="COMPANY" weightage="20" keywordseo="Godrej">Godrej</keyword> 
 
<a href="http://www.businessinsider.in/these-are-the-five-gadgets-you-should-buy-before-the-year-ends/articleshow/56184857.cms">ALSO READ: These are the five gadgets you should buy before the year ends</a> 
 
Top 5 AC brands 
 - <keyword id="301864" type="COMPANY" weightage="20" keywordseo="Sansui">Sansui</keyword> 
- Carrier - <keyword id="69870" type="CITY" weightage="20" keywordseo="Hitachi">Hitachi</keyword> 
- LG 
- Voltas 
 
Top 5 Microwave brands 
 
- IFB 
- LG - <keyword id="6358511" type="COMPANY" weightage="20" keywordseo="Bajaj">Bajaj</keyword> 
- Samsung 
- Morphy Richards

Exclusive: Here are the top
selling electronic appliances on Flipkart

<ul><li><keyword id="753025" type="COMPANY" weightage="20" keywordseo="Dixon-Technologies">Dixon Technologies</keyword> has risen as much as 191% in the last 1 year and nearly 100% since coronavirus induced lockdown.</li><li>The company makes popular electronic products like Television, Setup box, washing machine for the brand owners like Samsung, Toshiba, Nokia, LG, Reliance Jio and many more to name a few.</li><li>The consumer electronics segment, which contributes around 45% of the company’s revenue saw a growth of 22% in the Q4.</li></ul>The stocks of the electronic manufacturer, Dixon Technologies has doubled investor wealth since March 23, when its peers were experiencing the lockdown setback. The stock has risen as much as 191% in the last 1 year and nearly 100% since coronavirus induced lockdown. It's showing no signs of stalling yet. In a report dated July 2, analysts at Axis Securities expected the stock to hit ₹6172 in the next one year. It's already surpassed that. <div type="image" title="Dixon share" msid="77011274" hostid="261"></div> The rapid growth is backed by orders from recently added clients Reliance Jio and <keyword id="51758" type="COMPANY" weightage="20" keywordseo="Dish-TV">Dish TV</keyword>, according to Axis Securities. The company makes popular electronic products like television, setup box, washing machine for the brand owners like Samsung, Toshiba, Nokia, LG, Reliance Jio and many more to name a few. In the lighting segment, Dixon has got Havells and HPL, together with other the major brands in its kitty. India-China tensions boosted its production On the back of the India China standoff, the company saw a growing demand for ‘made in India’ products. Earlier, Samsung decided to expand its partnership with Dixon Technologies and led to further gains for the company. The company said it will bring down the number of TVs imported from its plants in other countries and manufacture almost 85-90% of the televisions locally to sell in India. <div type="image" title="Dixon (2)" msid="77011292" hostid="261"></div> The consumer electronics segment, which contributes around 45% of the company’s revenue saw a growth of 22% in the Q4. While other businesses like lightning products, mobile phones, and security systems saw revenue decline during the quarter. Dixon Technologies’s MD Atul Lall told <keyword id="3320064" type="PERSON" weightage="20" keywordseo="BloombergQuint">BloombergQuint</keyword> that “India will emerge as an electronic manufacturing hub, servicing not only in the domestic market but also in certain categories globally.” He added that the consumer durables industry was likely to witness a lot of pent-up demand, due to the virus-induced lockdown, especially for brands with an online presence.” Strong customers addition helped in tough times Dixon has regularly been acquiring new clients during the crisis. Fueled by PM Modi’s ‘Atma Nirbhar Bharat’ many companies are now looking to manufacture products in India, few of the new clients include Voltas Beko and Reliance Digital’s private label brands such as Kelvinator. “A key advantage for Dixon is its diversification across customers, products and product fungibility, which makes manufacturing flexible. When it is not making security systems, it can use that line to make set-top boxes or medical kits. Similarly, its largest OEM in TVs has a strong online sales model, which has helped inventory even during the lockdown,” said a <keyword id="184717" type="COMPANY" weightage="20" keywordseo="Dolat-Capital">Dolat Capital</keyword> report dated June 11. Production-linked incentive scheme for Dixon Dixon is expected to be largely benefitted by the government’s production-linked incentive scheme for mobile manufacturing. The scheme offers incentives to boost domestic manufacturing of mobiles. As per government norms sub $200 phones, which is 70% of the Indian market, can only be done by domestic companies, and this puts Dixon in a sweet spot. The company’s fourth-quarterly earnings have also beaten estimates and delivered a good financial performance. The net profit jumped 66.84% to ₹27.6 crore. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/softbank-backed-oyo-in-japan-is-merging-its-hotel-and-rental-apartment-business-to-cut-costs/articleshow/77010674.cms" data-type="tilCustomLink">In SoftBank’s backyard, OYO is merging its hotel and rental apartment business to cut costs</a> <a href="https://www.businessinsider.in/business/corporates/news/hcl-technologies-to-be-hit-worse-than-tcs-infosys-and-wipro-q1fy21-result-tomorrow/articleshow/76997459.cms" data-type="tilCustomLink">Here’s what to expect from HCL Tech earnings</a>

Jio set-top box maker Dixon Tech shares have doubled in less than 4 months⁠— and there may be more

<ul><li>The <keyword id="6511646" type="General" weightage="20" keywordseo="amazon-summer-sale" source="Orion">Amazon Summer Sale</keyword> is now live. </li><li>The sale brings discounts across a wide range of products across categories. </li><li>You can avail discounts of up to 45% on the appliance category, check out the deals below.</li></ul>If you have been waiting to buy home appliances at a reasonable price, this can be the right time. The e-commerce giant Amazon is back with its <keyword id="1819506" type="General" weightage="20" keywordseo="summer-sale" source="Orion">Summer Sale</keyword>, starting from today, you can get a chance to avail the offers and make the most out of them. At the beginning of the summer season, the sale has come up with various value for money deals and price drops. With several offers and discounts running across categories, this sale can be the right opportunity to buy something that you might be looking for. Also, there will be an additional discount for debit card and credit card users of ICICI, Kotak and RBL Bank. Here are the best deals on air conditioners and refrigerators that you must look at. Voltas 1.5 Ton 5 Star Inverter Split AC <a href="https://www.amazon.in/Voltas-Inverter-Copper-Filter-DAZJ/dp/B09WDP2DLF?ref=dlx_27411_gd_dcl_tlt_14_0222c6a9_dt_mese1_7d"><cmsannotation type="cmsannotation" annotationid="B09WDP2DLF" comment="amazoncard" text="B09WDP2DLF">B09WDP2DLF</cmsannotation></a> Originally priced at ₹73,990, this air conditioner from Voltas is currently available for ₹41,500. It comes with a variable speed compressor which helps in adjusting power according to the load. Being energy-efficient, it is low on the bills. The 1.5-ton size makes it suitable for medium size rooms. Also, it has a low noise operation for undisturbed sleep. Samsung 1.5 Ton 4 Star Inverter Split AC <a href="https://www.amazon.in/Samsung-Inverter-Convertible-Bacteria-AR18BYMZAUR/dp/B09P8LG2RC?ref=dlx_27411_gd_dcl_tlt_21_d2f68c5a_dt_mese1_7d"><cmsannotation type="cmsannotation" annotationid="B09P8LG2RC" comment="amazoncard" text="B09P8LG2RC">B09P8LG2RC</cmsannotation></a> Samsung is offering a 40% discount on this inverter split AC. Originally priced as ₹62,990, you can now get this at ₹37,990. It features a convertible 5-in-1 cooling mode and an easy to clean the filter. The fast cooling tendency and low noise operation make this AC a good option to buy. LG 1.5 Ton 5 Star AI DUAL Inverter Split AC <a href="https://www.amazon.in/LG-Convertible-Anti-Virus-Protection-PS-Q19FNZF/dp/B09NS5K7HF?ref=dlx_15430_sh_dcl_tlt_0_ea9fffdf_dt_mese4_a1"><cmsannotation type="cmsannotation" annotationid="B09NS5K7HF" comment="amazoncard" text="B09NS5K7HF">B09NS5K7HF</cmsannotation></a> This 1.5 ton AC from LG is currently available at a discounted price of ₹44,999, which is 30,991 less than its MRP. To provide durability and long-lasting use, the AC is designed with ocean black protection. Also, it features super convertible 6-in-1 cooling. Blue Star 1.5 Ton 5 Star Inverter AC <a href="https://www.amazon.in/Blue-Star-Copper-IA518FLU-White/dp/B09RFCGW4X?ref=dlx_15430_sh_dcl_tlt_2_be743d3c_dt_mese4_a1"><cmsannotation type="cmsannotation" annotationid="B09RFCGW4X" comment="amazoncard" text="B09RFCGW4X">B09RFCGW4X</cmsannotation></a> If you are looking to buy an AC at a reasonable price, Blue Star can be the right choice for you. Offering a discount of 38%, this AC is currently available at ₹43,490. It is a 1.5 Ton AC with turbo cool operation. It provides protection against fluctuations. You get to save ₹26,510 on this AC. Hitachi 1.5 Ton 5 Star Inverter Split AC <a href="https://www.amazon.in/Hitachi-Inverter-Copper-Filter-RSRG518HEEA/dp/B08Z47LWL4/ref=sr_1_1?qid=1651581033&amp;refinements=p_89%3AHitachi&amp;rnid=3837712031&amp;s=kitchen&amp;sr=1-1"><cmsannotation type="cmsannotation" annotationid="B08Z47LWL4" comment="amazoncard" text="B08Z47LWL4">B08Z47LWL4</cmsannotation></a> You can now get this air conditioner at ₹45,000 and save ₹15,500. Suitable for medium size rooms, it features an expandable inverter to meet your requirement at adverse temperatures. Also, it comes with an indicator that keeps you updated about the time of cleaning the filter AmazonBasics Side-by-Side Door Refrigerator, 564L <a href="https://www.amazon.in/AmazonBasics-Frost-Side-Refrigerator-Dispenser/dp/B07R9NJCVZ/ref=sr_1_18?pf_rd_i=15430068031&amp;pf_rd_m=A1VBAL9TL5WCBF&amp;pf_rd_p=3db4a56d-9ff0-47db-bd12-49db080695d3&amp;pf_rd_r=Y0EQ9ST7J12G78E2ZRS9&amp;pf_rd_s=merchandised-search-11&amp;pf_rd_t=30901&amp;qid=1651581368&amp;refinements=p_n_feature_thirteen_browse-bin%3A2753039031%7C2753043031%7C2753045031&amp;rnid=2753038031&amp;s=kitchen&amp;sr=1-18"><cmsannotation type="cmsannotation" annotationid="B07R9NJCVZ" comment="amazoncard" text="B07R9NJCVZ">B07R9NJCVZ</cmsannotation></a> This 564L AmazonBasics refrigerator is now available at a discounted price of ₹48,499, which is 42% less than its MRP. Suitable for a family with more than 5 members, it comes with ample storage space. Its plain black glass door design should add a touch of elegance to your kitchen. Also, its in-built LED display makes it convenient to use even in the dark. LG 3 Star Smart Inverter Frost-Free Double Door Refrigerator, 260L <a href="https://www.amazon.in/LG-Inverter-Frost-Free-Refrigerator-GL-I292RPZX/dp/B08X72GY5Q?ref=dlx_28165_gd_dcl_tlt_0_d68c408d_dt_mese1_fa"><cmsannotation type="cmsannotation" annotationid="B08X72GY5Q" comment="amazoncard" text="B08X72GY5Q">B08X72GY5Q</cmsannotation></a> This double door refrigerator from LG is another option that one can buy during this sale. Available at a 36% discount, this refrigerator can now be purchased at ₹25,690. It features a deodorizer and multi-airflow cooling to maintain hygiene and keep the edibles fresh. Haier 3 Star Frost Free with inverter Double Door Refrigerator, 346L <a href="https://www.amazon.in/Haier-Refrigerator-Convertible-HEB-35TDS-Brushline/dp/B091TZ4TNZ?ref=dlx_28165_gd_dcl_tlt_1_6d87b4d6_dt_mese1_fa"><cmsannotation type="cmsannotation" annotationid="B091TZ4TNZ" comment="amazoncard" text="B091TZ4TNZ">B091TZ4TNZ</cmsannotation></a> Price down to ₹35,490 from ₹54,600, Haier is offering a discount of 35% on this refrigerator. Suitable to withstand weight, the shelves are made of toughened glass. It quickly provides ice in an hour with its Turbo Icing Technology. Best suited for a large family, it can be a good option to consider at this price. Whirlpool Frost-Free Multi-Door Refrigerator, 330L <a href="https://www.amazon.in/Whirlpool-Refrigerator-343D-PROTTON-ROY/dp/B07V7WYD3B/ref=sr_1_27?pf_rd_i=15430068031&amp;pf_rd_m=A1VBAL9TL5WCBF&amp;pf_rd_p=3db4a56d-9ff0-47db-bd12-49db080695d3&amp;pf_rd_r=Y0EQ9ST7J12G78E2ZRS9&amp;pf_rd_s=merchandised-search-11&amp;pf_rd_t=30901&amp;qid=1651581299&amp;refinements=p_n_feature_thirteen_browse-bin%3A2753043031%7C2753045031&amp;s=kitchen&amp;sr=1-27"><cmsannotation type="cmsannotation" annotationid="B07V7WYD3B" comment="amazoncard" text="B07V7WYD3B">B07V7WYD3B</cmsannotation></a> If you are looking for a frost-free refrigerator, this one from Whirlpool can be a perfect option for you. Currently available at a discounted price of ₹35,270, you get to save ₹13,330 on this refrigerator. It is energy-efficient and has a silent operation. Also, to keep the fruits and vegetables fresh for a long time, it has Zeolite Technology. Samsung 3 Star with Inverter Double Door Refrigerator, 253L <a href="https://www.amazon.in/Samsung-Inverter-Refrigerator-RT28A3453S8-HL/dp/B08SBSL8Y2/ref=sr_1_1?pf_rd_i=15430068031&amp;pf_rd_m=A1VBAL9TL5WCBF&amp;pf_rd_p=3db4a56d-9ff0-47db-bd12-49db080695d3&amp;pf_rd_r=Y0EQ9ST7J12G78E2ZRS9&amp;pf_rd_s=merchandised-search-11&amp;pf_rd_t=30901&amp;qid=1651581944&amp;refinements=p_n_feature_thirteen_browse-bin%3A2753039031%7C2753043031%7C2753045031%2Cp_89%3ASamsung&amp;rnid=3837712031&amp;s=kitchen&amp;sr=1-1"><cmsannotation type="cmsannotation" annotationid="B08SBSL8Y2" comment="amazoncard" text="B08SBSL8Y2">B08SBSL8Y2</cmsannotation></a> This refrigerator lets you save ₹7,500 and pay ₹24,490. Designed with a 253L capacity, this refrigerator from Samsung is a suitable option for a family with 2-3 members. It comes with a digital display for convenient usage. To provide fluctuations, it has a stabilizer-free operation. Also, it can be a great option when it comes to saving energy and low noise operation. DISCLAIMER: The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/amazon-summer-sale-best-deals-and-offers-on-kitchen-appliances/articleshow/91264448.cms">Amazon Summer Sale: Best deals and offers on kitchen appliances</a> <a href="https://www.businessinsider.in/tech/news/amazon-summer-sale-here-are-top-deals-on-smartphones-smartwatches-and-truly-wireless-earphones/articleshow/91252922.cms">Amazon Summer Sale – here are top deals on smartphones, smartwatches and truly wireless earphones</a>

Amazon Summer Sale: Check out the best deals on air conditioners and refrigerators

KOLKATA: Voltas established a clear lead in air-conditioners sold through multi-brand outlets in the past fiscal year, dethroning <keyword id="6356116" type="CITY" weightage="80" keywordseo="LG">LG</keyword>, the first time in almost 14 years that a local manufacturer was able to topple South Korean companies in any major segment in the fiercely competitive Rs 50,000-crore consumer electronics market. 
 
This follows a year in which Voltas emerged as a front-runner in the category, fighting LG for ascendancy. The performance by Voltas came in the face of scepticism that success in FY13 had been a flash in the pan and that no domestic brand could make a dent in the dominance of the multinationals in multi-brand outlets, where 90% of total industry sales take place. 
 The <keyword id="6383291" type="COMPANY" weightage="40" keywordseo="ACS">ACs</keyword> made by the <keyword id="6355725" type="CITY" weightage="40" keywordseo="Tata-Group">Tata Group</keyword> unit had a 20% share in multi-brand outlets followed by LG at 18% and Samsung at 10.8% in the April 2013-February 2014 period, according to the latest data from market researcher GfKNielsen that tracks sales in the durables industry. Voltas is ahead by value as well at 18.9%, followed by LG at 17.9% and Samsung at 10.6%. 
 
This was the first full year in which Voltas sustained its leadership throughout, with LG having fought back to the top in some months in FY13. 
 
However, LG is still the market leader when counting sales in multi-brand outlets and its own exclusive stores. 
 
As per GfK-Nielsen, LG India has a 22% share by this measure, with Voltas at 18%, followed by Samsung at 14%. Since multi-brand outlets account for the dominant share of AC sales, it's a fair measure of competition, said Pradeep Bakshi, president and COO, unitary cooling products business group. 
 
“We are targeting more than 25% share this year. For this, we have launched more than 90 models,” he said. LG India seemed to reject the reasoning offered by Voltas. 
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	“We would like to mention that LG is market leader in AC segment and figures mentioned in the mail are representing manipulative and incorrect form of market share,” it said in an email without responding on other queries sent as part of a detailed questionnaire.
To be sure, as a delayed summer gets under way, LG will be more than ready to unleash the might of its vast marketing machine. Voltas will have a tough task as LG has been pushing back hard with higher margins this season, said a senior executive of a leading electronic retail chain. 
 
“Another area where Voltas has not worked hard is to increase the appeal of the brand among younger consumers, for whom Hitachi and Daikin are the preferred brands and may settle for a LG or Samsung if budget does not permit,” he said. 
 
Still, the turnaround at Voltas is big news at Bombay House, the Tata group headquarters, considering the many Indian brands that lost out after LG and Samsung entered the Indian market in the late 90s. 
 Homegrown brands such as BPL, Videocon, Onida, <keyword id="6369697" type="COMPANY" weightage="40" keywordseo="Godrej">Godrej</keyword> and Voltas lost lustre starting 2000-01, with the South Koreans kicking off their marketing thrust. IFB was one of the few Indian brands to maintain its grip on the market in the niche front-loading washing segment until about four years ago, when LG took over as leader. 
 LG India has built the country's largest network of company-branded exclusive stores in the durables industry, with more than 1,800 such franchisees. As per estimates, such stores account for around 20% of LG India's sales, the highest contribution from this category in the industry. However, AC makers including Hitachi, Daikin, Voltas and <keyword id="345443" type="COMPANY" weightage="40" keywordseo="Carrier">Carrier</keyword> have not focused on setting up exclusive stores since most AC sales take place in multi-brand stores such as local outlets, regional chains and modern retail. 
 
The executives most credited with the Voltas turnaround are Bakshi and managing director Sanjay Johri. The process started eight years ago when Bakshi was given the task of turning around the air-conditioner business by the board, with the condition that if he failed, the business may be sold. At the time Voltas was at a negligible 6-7th position in the market, with accumulated losses of Rs 140 crore. 
 
“Regaining market leadership has indeed been a Herculean task, considering LG was a tough market leader and the AC category has been one of the most penetrated with more than 25 international and domestic brands jostling for their share of the wallet,” said Bakshi, who joined Voltas after stints at Electrolux and Godrej Appliances. Bakshi’s strategy involved launching India’s first energy efficient air-conditioner in 2007, three years before the government made energy ratings mandatory, pricing the models Rs 2,000-3,000 higher than LG and Samsung. Advertisements said energy efficiency would lower electricity bills. 
 
He also shut two factories that could not produce such models. In 2012, Voltas launched its biggest success to date -- the all-weather AC range. He also employed one of LG's strategies to great success. “The AC business was traditionally done by dealers who would specialise in this field. LG had changed the game by selling AC in the general trade and we too decided to follow suit. We currently have more than 9,400 such outlets where our products are sold. This changed the game for us too,” said Bakshi. 
 
The air-conditioner business is now the highest contributor toward profitability for Voltas, encouraging Bakshi to draft a blueprint to expand the brand into household appliances such as refrigerators and washing machines with a target to expand revenue to Rs 5,000 crore in five years. The business is the second-largest revenue contributor for Voltas, after electro-mechanical projects and services, with sales of Rs 1,835 crore in 2012-13 with a profit of Rs 173 crore. Total net sales for Voltas in 2012-13 amounted to Rs 5,514 crore . 
 
The brand lends itself very strongly to the domain of air and water, said Deba Ghosal, head of marketing and key accounts. “If you add our pedigree of cooling expertise, leadership position, and the trust factor of a Tata brand, the possibilities to expand into other categories are immense,” he said. 
 
Bakshi acknowledges challenges ahead such as increasing appeal to younger consumers. “But we are on the way. For instance, this year we have launched a smartphone app to control the AC and are also targeting social media,” he said. 
 
Bakshi is also betting on his new team, which consists of seasoned talent from the industry. This includes Rahul Jain, who joined from LG to head service, Ghosal, another ex-LG India executive, and Manish Desai, who moved from Onida to head finance.

Voltas Topples LG, Samsung In Consumer Electronics; Grabs No 1 Spot In ACs

Top 2-ton split ACs for big rooms and halls in India

<ul><li>According to a report by BNP Paribas, 8% Indian households had an ACs in fiscal year 2020.</li><li>The cost of ACs and the energy they consume is the main reason why ACs are considered luxury items.</li><li>The increase in commodity inflation and high competition has been limiting the <keyword id="13221674" type="General" weightage="20" keywordseo="ac-companies" source="Orion">AC companies</keyword>’ ability to increase their margins.</li></ul>The business of selling air conditioners has still not reached its full potential as it continues to be a luxury item for most Indian households. Even though several large brands like Voltas, LG, Daikin, Hitachi, Blue Star and Lloyd have been selling ACs for the past five to seven decades, they have still not been able to enjoy higher margins from this about-to-boom segment. This year however may be a good one. The demand for air conditioners is expected to increase due to scorching heat across several parts of India, according to a report by international financial services company BNP Paribas. The mercury has crossed 45 degree celsius in several places and<a href="https://www.businessinsider.in/science/environment/news/what-happens-to-the-human-body-when-the-temperature-reaches-50-degree-celsius/articleshow/91589906.cms"> touched 49 degrees in Delhi</a>, so people have been rushing to buy ACs in order to keep themselves cool. “We estimate the Indian AC industry market size at ₹180 billion (₹18,000 crore) with a potential CAGR [compound annual growth rate] of 15% over FY21-25,” the report said. BNP Paribas noted that 8% of Indian households had an AC in 2020, with 7 million units being sold in the same year. This is quite low when compared with the fact that four in ten — or 42% — households across the world have an AC. <div type="image" title="Heatwave has turned ACs from a luxury to a necessity — but margins remain muted for the players" msid="91655539" hostid="261"></div> The cost of ACs and the energy they consume is the main reason why ACs are considered a luxury item — making it unaffordable for many Indian households. The increase in commodity prices is hurting the manufacturers even further. <cmsannotation type="cmsannotation" annotationid="High competition is limiting ACs companies in India" comment="subhead" text="High competition is limiting ACs companies in India">High competition is limiting ACs companies in India</cmsannotation> Covid-19, the resultant lockdown and the Russia-Ukraine conflict that followed have had a major impact on commodity prices. Even a bag of detergent now costs <a href="https://economictimes.indiatimes.com/news/economy/indicators/how-a-detergent-could-have-helped-rbi-act-swiftly-on-inflation/articleshow/91587940.cms">20% more </a>than last year, but FMCG companies have the option of increasing the price of their products and passing it on to the customers. <div type="image" title="Heatwave has turned ACs from a luxury to a necessity — but margins remain muted for the players" msid="91655586" hostid="261"></div> However, the same price increase has not been possible in the whitegoods space like ACs, refrigerators or washing machines because they are already expensive compared to other fans or coolers, and competition in the industry is extremely high. “Moreover, the Indian whitegoods industry is highly competitive, given the presence of large MNCs like Samsung, LG, Whirlpool, Haier, Daikin, Hitachi, etc. as well as strong Indian brands like Voltas, Lloyd (Havells brand), Blue Star, IFB to name a few. Such high competitive intensity also limits the ability to hike prices,” BNP Paribas said in its latest report. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Change in gross margins (bps) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2018 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2019 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2020 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2021 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Blue Star </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(361) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(62) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">13 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(177) </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Voltas </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(110) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(255) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">133 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(129) </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Whirlpool </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(344) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(46) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">161 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(255) </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Johnson Controls-Hitachi Air </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(10) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(70) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">83 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">94 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IFB Industries </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">178 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">(247) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">187 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">74 </td></tr></tbody></table>Source: BNP Paribas, Company Data Note: BPS stands for Basis Points, which is a unit of measure to describe the percentage change in value. The top six companies in the whitegoods space include Voltas, LG, Daikin, Hitachi, Blue Star and Lloyd, which cumulatively controlled 70-75% of the market share by volume in the fiscal year 2020. “Over the long run, we expect the market to consolidate in favour of the top 4-5 companies,” BNP Paribas noted, citing the Production Linked Incentive Scheme (PLI) as one of the major reasons for this expected consolidation. <cmsannotation type="cmsannotation" annotationid="High price is not the only thing muting demand" comment="subhead" text="High price is not the only thing muting demand">High price is not the only thing muting demand</cmsannotation> The industry size of air conditioners in India is almost double that of fans, which have made a mark on 80% households in India, but still the margins continue to be low on this white commodity. One of the main reasons is that AC is a seasonal item and has higher inventory costs due to the volume of the product. <div type="image" title="Heatwave has turned ACs from a luxury to a necessity — but margins remain muted for the players" msid="91655604" hostid="261"></div> Secondly, the market has been affected since 2016 due to the disruptions such as demonetisation and introduction of goods and services tax (GST). The Covid-19 wave, which compelled people to stay at home for almost two years, also hindered the demand. SEE ALSO <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/itc-aditya-birla-fashion-lic-housing-finance-among-stocks-to-watch-out-for-on-may-19/slidelist/91653552.cms">ITC, Aditya Birla Fashion, LIC Housing Finance among stocks to watch out for on May 19</a> <a href="https://www.businessinsider.in/stock-market/news/delhivery-ipo-heres-how-you-can-check-the-allotment-status/articleshow/91650014.cms">Delhivery IPO: Here’s how you can check the allotment status</a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-vs-bharti-airtel-four-charts-to-showcase-how-indian-telecom-giants-faired-in-2022/slidelist/91640306.cms" data-type="tilCustomLink">Reliance Jio Vs Bharti Airtel — Four Charts That Showcase How The Indian Telecom Giants Faired In 2022 </a>

Heatwave has turned ACs from a luxury to a necessity — but margins remain muted for the players

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The inverter air-conditioners offer you better efficiency and help save energy. It also protects the <keyword id="6365348" type="General" weightage="20" keywordseo="air-conditioner" source="Orion">air conditioner</keyword> from fluctuating voltages and offers stabilizer free operation for a wide range of voltages. It adjusts the power consumption depending on the load. The energy-saving <keyword id="94850" type="General" weightage="20" keywordseo="ac" source="Orion">AC</keyword> come with a 5-star rating. To help you buy an inverter-based AC, here are the best options available on Amazon. <div type="Article" hostid="261" msid="83668871" title="Best fully automatic washing machines for effortless washing in India" mstype="2" mssubtype="0"></div> <bulletContentEmbed name="B084365NVF" columns="1"><bulletContentHeading name="B084365NVF_head"> <div type="image" title="Editor’s Choice" msid="86583048" hostid="261"></div></columnHeadThumb>B084365NVF</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B084365NVF_body"><bulletContentRow name="B084365NVF_2425158197894810"><bulletContentRowHeading><bulletContentRowHead col="1">Panasonic 1.5 Ton 5 Star Inverter Split AC</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Panasonic AC is said to have smart control with its application and voice app. It offers durability with its stabilizer free operation for voltage ranges between 100V-290V. The twin cool inverter is said to provide fast cooling and can maintain the set temperature. It claims to also offer quieter operations. The split AC is rated five stars for energy savings.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B084365NVF_9640496621389973"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Panasonic AC also lets users schedule hourly temperatures that can help eliminate chills at night.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B0BSFS7Z5R" columns="1"><bulletContentHeading name="B0BSFS7Z5R_head"><div type="image" title="Haier12" msid="105719075" hostid="261" sizebytes="17978"></div></columnHeadThumb>B0BSFS7Z5R</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B0BSFS7Z5R_body"><bulletContentRow name="B0BSFS7Z5R_2711101109559439"><bulletContentRowHeading><bulletContentRowHead col="1">Haier 1.5 Ton 5 Star Inverter Split AC</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Haier 1.5 Ton 5 Star Inverter Split AC epitomizes top-tier cooling efficiency with Supersonic Cooling in 10 seconds and a Frost Self-Clean feature for pristine air quality. Ideal for sizable rooms, its 5-star energy rating ensures optimal efficiency. The copper condenser coil, fortified with ENIROOF PUF-103 coating, guarantees durability in diverse weather conditions. Boasting advanced features like Wifi and voice control, along with a 12-year compressor warranty, this AC offers a powerful, technologically advanced, and reliable cooling solution for a comfortable and quiet living space.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B07QMBVPGY" columns="1"><bulletContentHeading name="B07QMBVPGY_head"> <div type="image" title="Recommended" msid="86583074" hostid="261"></div></columnHeadThumb>B07QMBVPGY</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B07QMBVPGY_body"><bulletContentRow name="B07QMBVPGY_3455022095137901"><bulletContentRowHeading><bulletContentRowHead col="1">Daikin 1.5 Ton 5 Star Inverter Split AC</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Daikin air-conditioner promises to offer quiet operations along with delivering efficient performance. The split AC with an inverter compressor can adjust the power depending on the load to conserve energy. It runs on refrigerant gas R32, which claims to have no ozone depletion potential. It is rated 5 stars for its energy efficiency.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B07QMBVPGY_7487508121634262"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Daikin AC is equipped with a copper condenser coil that should deliver improved cooling performance along with easier maintenance.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B07P6FV9XV" columns="1"><bulletContentHeading name="B07P6FV9XV_head"> <div type="image" title="Pocket-Friendly" msid="86583088" hostid="261"></div></columnHeadThumb>B07P6FV9XV</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B07P6FV9XV_body"><bulletContentRow name="B07P6FV9XV_8522593151635699"><bulletContentRowHeading><bulletContentRowHead col="1">Whirlpool 1.5 Ton 5 Star Inverter Split AC</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Whirlpool AC features a variable speed compressor that can adjust power depending on the heat load. With its 6th Sense FastCool technology, it promises to provide Instant and uniform cooling when the appliance is switched on. It uses the R-32 refrigerant that is said to emit fewer greenhouse gases and requires less volume to operate. The AC is rated 5 stars for energy efficiency.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B07P6FV9XV_6174926484435579"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Whirlpool AC offers stabilizer free operation for a large voltage range of 145V-290V.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B08R918D6Y" columns="1"><bulletContentHeading name="B08R918D6Y_head"> <div type="image" title="Value for money" msid="86583106" hostid="261"></div></columnHeadThumb>B08R918D6Y</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B08R918D6Y_body"><bulletContentRow name="B08R918D6Y_4492783734649025"><bulletContentRowHeading><bulletContentRowHead col="1">LG 1.5 Ton 5 Star Inverter Split AC</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The LG air-conditioner offers variable cooling to help conserve energy. You should be able to turn down the cooling to 40% and also increase it at your convenience. It is said to be fitted with anti-virus filters that should deactivate the virus and bacterial that come in contact with it. It features a copper condenser coil with an ocean blackfin that promises to protect it from humidity, dust sand, smoke and chemicals.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B08R918D6Y_3654112122241535"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The LG AC has a 5-star rating for energy efficiency and offers a quieter performance.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B084CLXCY2" columns="1"><bulletContentHeading name="B084CLXCY2_head"> <div type="image" title="Alternative One" msid="86583127" hostid="261"></div></columnHeadThumb>B084CLXCY2</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B084CLXCY2_body"><bulletContentRow name="B084CLXCY2_2220547676022669"><bulletContentRowHeading><bulletContentRowHead col="1">Sanyo 1.5 Ton 5 Star Dual Inverter AC</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Sanyo AC features a dual inverter compressor that offers an efficient performance by adjusting the power according to the heat load. The copper condenser coil claims to offer better cooling and does not require high maintenance. It comes with glacier mode that should provide instant cooling.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B084CLXCY2_7844543643964415"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Sanyo AC is rated 5-star for energy efficiency and comes with an anti-dust filter for air purification.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B084MXXCR8" columns="1"><bulletContentHeading name="B084MXXCR8_head"> <div type="image" title="Alternative Two" msid="86583151" hostid="261"></div></columnHeadThumb>B084MXXCR8</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B084MXXCR8_body"><bulletContentRow name="B084MXXCR8_9943852755590808"><bulletContentRowHeading><bulletContentRowHead col="1">Voltas 1.5 Ton 5 Star Inverter Split AC</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Voltas AC claims to offer stabilizer-free operation for a wide voltage range. It features a copper condenser coil that is said to be more durable and delivers efficient cooling performance. It comes with an active dehumidifier that can sense the humidity and control the monsoon. The inverter compressor should optimise the power consumption while maintaining room temperature.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B084MXXCR8_4144308695547402"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Voltas AC uses an R32 refrigerant that is said to emit fewer greenhouse gases.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed>

Best 5 star inverter ACs in India

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<ul><li>Indian companies are dependent on imports from China in several key sectors apart from smartphones and smart TVs. </li><li>Products like air conditioners, cars, electric vehicles and even medicines are highly dependent on material from China. </li><li>Even though companies might make many of these products in India, the heavy dependence on Chinese imports could hurt them if the <keyword id="3763841" type="PERSON" weightage="20" keywordseo="boycott-china">boycott China</keyword> campaign prevails. </li></ul>The dominance of Chinese products in electronics, particularly, smartphones and smart TVs is widely known. But, did you know that even many of the ‘made in India’ products rely on parts imported from China? These are the top 7 sectors that will be hurt the most if the boycott China campaign prevails: <ul><li>Cars – 27% of the imports come from China, including key components used in engines, wheels and electric vehicles. China is the key supplier for sub-components used in engine, electrical, electronics, alloy wheels, tyres etc. Also, it supplies key components for EVs, including lithium-ion battery cells, according to a Motilal Oswal, a broking firm, report.</li></ul>“Tata Motors, Motherson Sumi and Bharat Forge would be the least impacted due to their business’ diversified nature and global operations,” the report said. Also read: <a href="https://www.businessinsider.in/business/auto/news/checkout-the-list-of-indian-startups-working-on-electric-vehicles-and-batteries/slidelist/76562429.cms">Here are the startups fuelling India’s electric vehicle dream</a> <ul><li>Consumer durables – Supply chain dependence on China is high for components like compressors, LED lights, motors and mobile displays. Up to <a href="https://economictimes.indiatimes.com/industry/cons-products/electronics/duty-on-led-panels-could-go-to-keep-make-in-india-on-big-screen/articleshow/67534491.cms">70% of the cost</a> of a smart TV is the display and most of them come from China.</li></ul>For instance, Voltas will be the most affected in case the Indian government hikes tariffs on imports from China. On the other hand, companies like Havells will be the least affected since 90% of its manufacturing is in-house. Other makers of electrical appliances depend on China in the range of 20-60%. <div type="Article" hostid="261" msid="76419573" title="The boycott of China’s products will be easier said than done –⁠ smartphones, ACs and cars may become more expensive" mstype="2" mssubtype="0"></div> <ul><li>Pharmaceuticals – 60-70% of key materials come from China and the Chinese raw material is 20-30% cheaper than domestic production. </li></ul>The situation is worse in cases of antibiotics and penicillin, for which more than 90% of the imports are from China. However, Sun Pharma and Cipla would be the least impacted as they are fully integrated and have considerable exposure to the branded business, Motilal Oswal said. <ul><li>Telecom – Airtel and Vodafone Idea use telecom equipment from Huawei and ZTE in a total of 10 circles out of 22. Over 75% of smartphones in India are imported from China. </li><li>Chemical and Agro Chemicals – 10-50% of raw materials are sourced from China depending on the product. Companies are trying to reduce their dependence on China by identifying other countries to source from. Agrochemicals refer to pesticides used by farmers.</li></ul>Rallis, Dhanuka, Sumitomo India and Insecticide will be the worst hit while SRF, Aarti Industries and Bharat Rasayan which make agrochemicals will benefit from the crackdown on Chinese imports. <div type="Article" hostid="261" msid="76297080" title="Arun Bharat Ram and Arvind Lal — the two businessmen who became billionaires during the lockdown" mstype="2" mssubtype="0"></div> <ul><li>Ecommerce and tech startups – Major ecommerce players and tech startups like Info Edge, Zomato and Paytm have high investment exposure to China. The government has already started enforcing some regulations like asking these companies to <a href="https://www.businessinsider.in/business/ecommerce/news/india-tells-amazon-flipkart-paytm-mall-and-all-other-ecommerce-companies-to-show-country-of-origin-next-to-the-products/articleshow/76568106.cms">label Chinese-origin products</a>. </li><li>Utilities – 80% of India’s solar module imports come from China and some thermal plants also depend on China for equipment.</li></ul>Companies like Tata Power and Adani Group may be able to step up manufacturing and fill in the gap left by the relegation of Chinese imports in this space. These are the market shares of Chinese companies in key product segments The consumer durables and appliances segment which includes products like air conditioners, smartphones, smart TVs, refrigerators and more is dominated by Chinese companies. For instance, 28% of all air conditioners in India are imported. According to data from<a href="https://www.counterpointresearch.com/india-tv-shipments-climb-record-15-million-units-2019-15-annually"> Counterpoint Research</a>, Xiaomi leads the smart TV category with a 27% market share, more than the cumulative share of Samsung and LG. <div type="image" title="TV market share" msid="76618714" hostid="261" caption="&amp;lt;p&amp;gt;In the TV industry, they hold 42% market share&amp;lt;/p&amp;gt;"></div> In the smartphone category, Chinese companies like Xiaomi, Oppo, Vivo and Realme have an overwhelming presence with a market share of 76%, according to<a href="https://www.idc.com/getdoc.jsp?containerId=prAP46289820"> IDC</a>. <div type="image" title="Smartphone market share" msid="76618729" hostid="261" caption="&amp;lt;p&amp;gt;Chinese companies hold 76% of the smartphone market amongst themselves&amp;lt;/p&amp;gt;"></div> Electrical equipment, including smartphones and TVs account for over 22% of India’s imports from China. In the year 2018-19, imports in this category stood at more than $20 billion. According to data obtained from the Ministry of Commerce and Industry’s<a href="https://commerce-app.gov.in/eidb/"> Export &amp; Import Data Bank</a>, here are the top three imports from China to India in 2018-19: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.99375pt;border-right:solid #000000 0.99375pt;border-bottom:solid #000000 0.99375pt;border-top:solid #000000 0.99375pt;vertical-align:bottom;padding:5pt 6pt 5pt 6pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.99375pt;border-right:solid #000000 0.99375pt;border-bottom:solid #000000 0.99375pt;border-top:solid #000000 0.99375pt;vertical-align:bottom;padding:5pt 6pt 5pt 6pt;overflow:hidden;overflow-wrap:break-word;">India’s imports from China </td></tr><tr><td style="border-left:solid #000000 0.99375pt;border-right:solid #000000 0.99375pt;border-bottom:solid #000000 0.99375pt;border-top:solid #000000 0.99375pt;vertical-align:bottom;background-color:#d9d9d9;padding:5pt 6pt 5pt 6pt;overflow:hidden;overflow-wrap:break-word;">Electrical equipment </td><td style="border-left:solid #000000 0.99375pt;border-right:solid #000000 0.99375pt;border-bottom:solid #000000 0.99375pt;border-top:solid #000000 0.99375pt;vertical-align:bottom;background-color:#d9d9d9;padding:5pt 6pt 5pt 6pt;overflow:hidden;overflow-wrap:break-word;">$20.63 billion </td></tr><tr><td style="border-left:solid #000000 0.99375pt;border-right:solid #000000 0.99375pt;border-bottom:solid #000000 0.99375pt;border-top:solid #000000 0.99375pt;vertical-align:bottom;padding:5pt 6pt 5pt 6pt;overflow:hidden;overflow-wrap:break-word;">Nuclear reactors </td><td style="border-left:solid #000000 0.99375pt;border-right:solid #000000 0.99375pt;border-bottom:solid #000000 0.99375pt;border-top:solid #000000 0.99375pt;vertical-align:bottom;padding:5pt 6pt 5pt 6pt;overflow:hidden;overflow-wrap:break-word;">$13.4 billion </td></tr><tr><td style="border-left:solid #000000 0.99375pt;border-right:solid #000000 0.99375pt;border-bottom:solid #000000 0.99375pt;border-top:solid #000000 0.99375pt;vertical-align:bottom;background-color:#d9d9d9;padding:5pt 6pt 5pt 6pt;overflow:hidden;overflow-wrap:break-word;">Organic chemicals </td><td style="border-left:solid #000000 0.99375pt;border-right:solid #000000 0.99375pt;border-bottom:solid #000000 0.99375pt;border-top:solid #000000 0.99375pt;vertical-align:bottom;background-color:#d9d9d9;padding:5pt 6pt 5pt 6pt;overflow:hidden;overflow-wrap:break-word;">$8.6 billion </td></tr></tbody></table> SEE ALSO: <a href="https://www.businessinsider.in/policy/economy/news/inside-indias-50000-crore-scheme-to-woo-electronics-manufacturing-including-smartphones/articleshow/76207462.cms">Inside India’s ₹50,000 crore scheme to woo electronics manufacturing including smartphones</a> <a href="https://www.businessinsider.in/policy/economy/news/the-boycott-of-chinas-products-will-be-easier-said-than-done-smartphones-acs-and-cars-will-become-more-expensive/articleshow/76419573.cms">The boycott of China’s products will be easier said than done –⁠ smartphones, ACs and cars may become more expensive</a> <a href="https://www.businessinsider.in/india/news/fm-nirmala-sitaraman-announces-six-steps-for-msme-sector/articleshow/75717258.cms">Finance Minister Nirmala Sitharaman announces six measures for the MSME sector</a>

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