Indian AC makers target Europe as record heatwaves open export window from 2027
Godrej, Havells, Amber and Blue Star eye European exports amid record heatwaves, leveraging 15-18% lower production costs and PLI support. Sales targeted from 2027 after meeting CE and energy-efficiency norms, but face tough Chinese and Korean competition and an 80% heat-pump-dominated market.
Indian AC makers including Godrej, Havells, Amber and Blue Star eye European exports amid record heatwaves, targeting sales from 2027 after meeting strict CE and energy-efficiency norms, facing tough Chinese and Korean competition. ACs are PLI-covered with government export push.
Why this matters
Godrej extends an export-driven push as it chases Europe's heatwave demand, mirroring its earlier 2-3x demand bet, even as its storage arm leans on domestic demand after wobbling Middle East exports.
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