Heatwave splits India retail: cold drinks, ice-cream surge while AC and fridge sales stall

Mother Dairy, Coca-Cola, PepsiCo and Britannia are scaling distribution as ice-cream volumes more than doubled in 10 days and dairy beverages jumped 30%. But 8-10% price hikes and fuel costs are capping durables: AC sales up just 15% YoY and fridges 10%, well below peak-summer expectations.

Mother Dairy, Coca-Cola, PepsiCo and Britannia are scaling distribution as ice-cream volumes more than doubled in 10 days and dairy beverages jumped 30%. But 8-

ET Small Business · 5/25/2026, 12:33:54 AM · Ask about this →

Mother Dairy + Blue Star + Britannia Industries + Coca-Cola + MMG Group + Moon Beverages + PepsiCo +