homevideos Newseconomy NewsWashing machine industry is not as stressed as cooling products, says Whirlpool of India
Washing machine industry is not as stressed as cooling products, says Whirlpool of India
Washing machine industry is not as stressed as cooling products, said Sunil D'souza, MD, Whirlpool of India.
Washing machine industry is not as stressed as cooling products, said Sunil D'souza, MD, Whirlpool of India.
He said that the summer demand got impacted due to weather challenges.
Talking about next two quarters, he said, “GDP growth is very important factor as seven percent plus bodes good for the future.”
“We have expanded our portfolio on both hands of the spectrum, a lot of work done on the mass premium and mass side,” he added.
He further said that AC segment has seen a lot of price action this year and we expect cooling products segment to rebound quickly.
" We are seeing faster growth in tier-II and tier-III markets and will continue to expand market share across categories," he said.
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