Business Reporter
THE demand for air conditioners is witnessing a massive
surge due to rising temperatures which is giving a sigh of
relief to the air conditioner
dealers.
“Although the weather conditions have been not so
favourable due to rains, the
demand for air conditioners
has still remained above expectations. We are also expecting
a rise in demand in coming
days,” said NiharTaori, Director
of Taori Marketing.
Taori further said that the
demand for commercial air
conditions used in offices, commercial establishments and
factories has also been encouraging. “We are getting overwhelming response from this
sector,” he added.
Leading manufacturers have
introduced new features like wifi, smart features like auto
cleaning, mosquito away, air filters, gas changing features and
extended warranty schemes on
compressors to attract the customers. The most sought after
air conditioner brands are
Mitsubishi, Voltas, LG,
Panasonic, Carrier, Hairer, Blue
Star, Daikin, Hitachi, Godrej, O
General etc.
The most preferred air conditioners are the 1 tonne and
1.5 tonne. There are also 3 star
and 5 star energy saving categories of air conditioners.
The
price range starts from Rs
28,000 to Rs 40,000 for the
medium segment range. The
premium range begins from Rs
40,000 to Rs Rs 60,000. In
Vidarbha, 80,000 to 85,000 units
are sold out of which 50 per cent
are sold in Nagpur during the
year, he added.
Another leading AC dealer,
Gaurav Pahwa, Director of
Lotus Electronics said that his
stores are experiencing a fantastic growth in demand of
more than 40 per cent, as compared to the previous year. The
demand for air conditioners
started to increase from March.
“We are expecting the hot
weather conditions to continue resulting in further growth
in demand,” he said.
The surging heat and humidity has created a shortage in certain AC models from some of
the top brands. The manufacturers are not able to supply
some of the models because of
the heavy demand of air conditioners in the country.
Another important factor
which is pushing demand for
air conditioners (ACs) is the
flexible finance schemes introduced by consumer finance
companies.
These companies
have made it easier for consumers to buy ACs by offering
zero down payment, zero interest and extended EMI schemes.
“Air conditioner is no longer
considered a luxury product
but has become a necessity and
part of our daily life,” he said.
According to Jaipraksh
Jaiswal, Director of Vedoms,
Dharamepth the demand for air
conditioners has swelled by 35
per cent as compared to the
previous year. “The overall
response for air conditioners is
tremendous this season. There
has been a shift in consumer
spending. Many consumers are
upgrading their old air conditioners. Along with this, a new
trend has set in with consumers
buying more than one air conditioner, he added.