New Delhi, April 2 LG Electronics India announced on Thursday that it had sold over a million air conditioners in the first quarter of 2026 and claimed to be a "leading player" in the category.However, Tata Group firm Voltas disputed this claim, stating that it still leads the residential air...
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New Delhi, April 2 Tata Sons Chairman N Chandrasekaran has asked over 30 CEOs and managing directors of group companies to prepare for a more challenging business environment, as the war in West Asia is disrupting supply chains, sources said.At a review meeting on the war's implications on...
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New Delhi, March 30 Customs authorities have issued a demand notice of ₹23.52 crore, including duty and penalties, against Voltas, a manufacturer of air conditioners, over alleged mis-classification of certain imported goods, according to a regulatory filing on Monday.The company is reviewing...
New Delhi, March 11 The Department for Promotion of Industry and Internal Trade (DPIIT) announced on Wednesday that it has signed an agreement with Voltas to support startups in the cooling and smart appliance ecosystem.The collaboration aims to engage startups working on technologies related...
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As the mercury rises, leading air conditioner manufacturers are increasing prices by 5-15% to offset rising raw material costs and supply chain expenses.These price hikes, occurring between February and April, coincide with the peak summer season, typically characterized by increased demand...
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In New Delhi, March 8 As temperatures rise, leading air conditioner manufacturers are increasing prices by 5-15 percent to offset rising raw material costs and supply chain expenses.These price increases, which began in February and will continue through April, coincide with the peak summer...
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New Delhi, March 6 Leading air-conditioner maker Daikin India is set to increase prices by up to 12 percent from April, as the cost of raw materials and supply chain expenses have gone up."Effective April 2026, Daikin India will implement a 7-12 percent price increase across its product range...
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