BSH targets doubling India market share in washing machines, refrigerators in 2024
BSH Home Appliances aims to lift washing machine share from 6% to 12% and double refrigerator share, pushing Bosch and Siemens into top-load, semi-automatic and side-by-side four-door categories. Built-in cooking already commands 55% share. A 5-7% price hike is planned amid 40% washer and 50% fridge volume growth.
BSH Home Appliances targets doubling market share in washing machines (6% to 12%) and refrigerators in India this year, expanding into top-load, semi-automatic and side-by-side four-door categories under Bosch and Siemens brands.
Also reported by
- The Hindu BusinessLine — 47h after first sighting