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SUMMER SIZZLES, SALES RISE, INDIAN CONSUMER FIRMS GEAR UP
The Business Guardian
|April 16, 2024
Blue Star intensifies its product offerings with a plethora of new home air conditioner models, targeting a remarkable 25% revenue boost in the air conditioning segment, led by Managing Director B. Thiagarajan.
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As temperatures soar across India, consumer goods companies are gearing up for what promises to be an exceptionally hot summer.
With forecasts predicting an increase in heatwave days, reaching temperatures of at least 40 degrees Celsius in the plains, from April through June, businesses are seizing the opportunity to meet the rising demand for cooling solutions.
Blue Star, a leading appliances maker, has launched a myriad of new home air conditioner models to cater to the anticipated surge in demand. Managing Director B. Thiagarajan aims for a substantial 25% revenue growth from the air conditioning segment, a significant jump from last year's 5%.
Similarly, renowned ice cream brand Baskin Robbins is rolling out 20 new products in India ahead of the scorching summer months.
This story is from the April 16, 2024 edition of The Business Guardian.
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