Brands Retailed: Intex, LG, and Panasonic
Annual Turnover (2017-18): Rs. 27 crore
Projected Growth (2018-19): Rs. 30 crore
Split air conditioners are among the fastest moving products from our counter this season. In the past couple of years, online retail drastically impacted our small appliances sales, but from the previous year major appliances category is also getting affected. With many brands exclusively selling products through online platforms, we expect the dark clouds to remain over offline retail.