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ACs lose steam, cold drinks stay in demand: Here's what consumers are buying this summer
Summer is here and the season has brought cheers for some while chills for others. Beverages, dairy and ice cream continued to fly off the shelves during the June quarter, air-conditioner makers saw demand lose steam amid unseasonal weather and higher prices.Industry executives said that products linked to refreshment, hydration and impulse buying continued to perform well, but cooling appliances, particularly air conditioners, failed to see the usual seasonal demand.Godrej Enterprises Group Business Head and EVP (Appliances Business) Kamal Nandi told PTI that performance differed across appliance categories.
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thehindubusinessline.com
AC makers see strong growth in April-May, but demand dips in June
Players said the industry has recorded a volume growth in June quarter over the same period last year, which was a washed-out summer season but remained flattish compared to Q1…
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Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilient
Cooling product demand varies in June; AC sales decline while beverages, ice cream, and dairy show strong growth amid inflation.
