December 31, 2025 05:38 am (IST)
Follow us:
Blue Star launches targets 12% market share of room ACs in FY17
Mumbai, Feb 3 (IBNS): Airconditioning and commercial refrigeration major, Blue Star Limited, has announced the launch of a new range of airconditioners.
Blue Star forayed into the residential segment in 2011 and has met with resounding success thereafter, year after year.
"Blue Star grew by 20% in the current financial year which is faster than the industry growth, and currently assumes a market share of 10%, in terms of value," a company statement said.
The company intends to continue its aggressive thrust in the room airconditioners market and aims to gain a market share of 12% in FY17, in terms of value.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
PM Modi interacts with economists at NITI Aayog, calls for mission-mode reforms for Viksit Bharat
Tue, Dec 30 2025
TVS Motor teams up with Manba Finance — Game-changer for commercial vehicle financing?
Tue, Dec 30 2025
ICICI Prudential Life launches ‘Wealth Forever’ plan — Here’s why it’s creating a buzz!
Tue, Dec 30 2025
RBI data reveals hiring shock: private banks cut jobs in FY25 while PSU, small finance banks add staff
Tue, Dec 30 2025