Summer push: Durables eye double-digit growth

NEW DELHI: A scorching summer has spurred demand for seasonal appliances, putting India's consumer durables sector on track to post a robust double-digit growth in the first quarter this fiscal year, one of its strongest quarterly performances in recent years. Analysts expect the sector to report over 20% year-on-year revenue growth in the June quarter, aided by a strong summer demand and a favourable base after last year's unusually weak comparable quarter.

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