💨 Abstract

The Indian room air-conditioner (RAC) industry is forecasted to experience unprecedented growth, with sales volumes predicted to increase by 20-25% annually, reaching 12-12.5 million units in FY 2024-25. This growth is attributed to factors like rising temperatures, urbanization, higher incomes, and consumer financing options.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖