Air conditioning biz to boost Voltas revenue
2011-03-15
The retail air conditioner (AC) market is said be growing at 30-32% per annum in the last few years. In the last four-six quarters, VoltasLtd has sharpened its focus on this segment. The firm has lined up energy-saving products and aggressive marketing. At present, Voltas with a 19% market share in ACs is second to the Korean brand LG by a small gap.
