Voltas eyes double-digit growth in AC biz
Tata Group firm Voltas is expecting a strong double-digit growth in sales of air conditioners this year on account of “buoyant summer” and hybrid working model adopted by people in the backdrop of the Covid pandemic, a top company official has said.
By : migrator
Update: 2021-03-21 18:05 GMT
New Delhi
The company attained the pre-Covid sales numbers during the festival season last year and expects to continue with the positive momentum this summer.
Voltas is also witnessing an increase in sales in smaller towns. Its present AC sales between the metros and non-metros are in the ratio of 55:45, but the company is expecting this number to be reversed in the future.
When asked about growth, Voltas MD-CEO Pradeep Bakshi said “We expect a strong double digit industry growth this summer.”
“We were back to pre-COVID numbers during the festival season,” he added.
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