Racold Thermo is expanding its footprint to mini-metros, Tier-II and Tier-III towns to offset disruptions in construction sector. The company is also planning to tie up with Flipkart to tap the e-commerce channel. Racold products will be available on the e-commerce site in a more organized fashion. Racold is working on new generation water heaters, which will be more user-friendly in terms of usage, operations, and sustainability.
The washing machines segment is growing. In an up-country market, neither technologies nor features matter. It witnesses only price wars. Fully automatic machines are more popular in cities but in...Read More