Topic
air conditioners
Markets #voltas#air conditioners
Voltas sells 1 million AC units in record 81 days, chairman Noel Tata steps down
Voltas achieved record sales of 1 million room air conditioning units in 81 days in FY2026, driven by strong demand during India's heatwave. Chairman Noel Tata, at his final AGM, highlighted the milestone and VoltBek's double-digit growth. Tata will step down in November due to age retirement policy.
Jul 8, 2026 1 source
Markets #sales#growth
FY27 Kicks Off Strong: Double-Digit Sales Growth in Apparel, ACs, and Premium Goods, But Monsoon and Inflation Risks Loom
India’s new fiscal year has opened with robust double-digit sales growth in apparel and white goods, driven by a scorching summer and GST rate cuts. However, companies and analysts warn that an uneven monsoon and accelerating inflation could weigh on demand in coming months. A Bank of America report highlights El Nino risks to retail inflation.
Jun 23, 2026 1 source