Heat Wave Takes Indian AC Sales to All-time High

The Indian air conditioner industry is seeing all-time high sales this year due to the heat wave that has been sweeping most of the country, but delay in receipt of components from COVID-hit China is causing shortages of premium models. With temperatures touching 49ºC in parts of New Delhi, sales in the country are expected to reach 8.5 million to 9 million units this year, up from 2019’s previous record of 6.5 million, said Eric Braganza, president of the Consumer Electronics and Appliances Manufacturers Association (CEAMA).