1.7 Indian Subcontinent: 1.7.1 India
2014-06-01
Despite its huge potential, the Indian air conditioner market did not expand in line with predictions in 2013 due to the depreciation of the Indian rupee and unseasonable weather. However, strong basic demand still prompted market scale to reach 3.8 million units in 2013, indicating 9.6% year-on-year growth.
