LPG crisis sours India's AC industry; production costs jump, Nuvama says

Indian air conditioner makers face production issues. A shortage of Liquefied Petroleum Gas is disrupting manufacturing. Companies are using alternative fuels at higher costs. This comes as demand rises for summer. Brands are increasing prices to cover expenses. Unseasonal rains also affect sales. Financial pressures are mounting for the industry.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *