The post-cyclone effect was observed on air conditioner sales for 2 to 3 days. Sales dropped, but when the cyclone subsided the market picked up again. The year 2018-19 emerged as a good year for the overall air conditioner sales in our area. However year-on-year growth could not be seen because of more big players entering into our small-city segment. Obviously, we are not very optimistic about the growth in air conditioner market this year due to this reason.
Brands retailed: LG and Panasonic
Annual turnover (2018-19): Rs 20 crore
Annual projected growth (2019-20): 10−15 percent