Blue Star’s Vir Advani says not planning for price hikes in Q4

“Pricing, we are keeping at the same levels as Q3. We are not able to increase prices at this stage. We want to see how the summer demand picks up and then take a call on that,” he said.

While talking about Union Budget, Advani said that the announcements are very strong for the industry. “We are still trying to understand the full impact of the tax slab changes, but it (Budget) is positive for middle-class India and that is our main market, and it is going to put more money into the hands of people, give them the confidence to spend. So, I think the Budget has been very positive for our industry and for Blue Star,” said Advani.

For more details, watch the accompanying video