As the summer season approaches, residents in Pune may find themselves facing higher prices for air conditioners (ACs) due to a combination of factors. The depreciation of the rupee against the US dollar has led to increased costs for imported raw materials, putting pressure on manufacturers to adjust prices. Additionally, supply chain disruptions caused by geopolitical tensions have resulted in delays in shipments of crucial components like compressors.
Despite efforts to boost local manufacturing through government incentives, India still relies heavily on imports, particularly from China. With around 35% of AC components coming from China, the recent logistical challenges have further strained supplies to meet the growing demand for AC units in the country.
The industry is bracing for a surge in demand as temperatures rise, but shortages in stocks could mean that consumers may not find their preferred brand or model available. Financing options like easy EMIs are expected to support consumer demand, but buyers may need to act quickly to secure their desired AC model before supplies run low.
Manufacturers are anticipating a 25% growth in AC sales this year despite the supply challenges, highlighting the resilient demand for cooling solutions in the Indian market. As summer approaches, consumers may need to act fast to secure their AC unit before prices climb and stocks dwindle.
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