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 market has generally been slow be it televisions or home appliances. Dishwashers saw a spurt for a couple of months, but the boom seems to be over for that...Read More