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Daikin India

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0 mentions · last seen 6/5/2026

Signals

AC sales lag despite 50°C heat: Voltas, Blue Star, Daikin clock 15-20% vs 25-30% expected

India's AC majors are seeing summer demand fall short of expectations as 8-10% price hikes, fuel cost inflation and Gulf war uncertainty squeeze mass-segment buyers. Voltas, Blue Star, Daikin and Godrej are growing 15-20% YoY against forecasts of 25-30%, signalling stress in entry-level discretionary spend.

NDTV Profit · 5/29/2026, 7:55:31 AM