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Europe heatwave impact: Indian AC makers eye market; face stiff competition from China, South Korean companies
Europe heatwave impact: Indian manufacturers of air conditioners are gearing up to enter the European market, encouraged by surging demand for cooling products following record-breaking heatwaves and the growing impact of global warming. However, they are expected to face stiff competition from Chinese and South Korean brands, which currently dominate the region and reportedly enjoy a 15-18% cost advantage over Indian manufacturers.
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scmp.com
As Europe sizzles amid extreme heat, the hunt for China’s ACs remains elusive
While Europe sweats its way through torturous temperatures of up to 40 degrees Celsius, China cannot get ACs transported over fast enough.
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As Europe sizzles amid extreme heat, the hunt for China’s aircon remains elusive
While Europe sweats its way through torturous temperatures of up to 40 degrees Celsius, China cannot get ACs transported over fast enough.
