NEW DELHI, May 17 — Indian air conditioner manufacturers are expecting record sales this year as a heatwave scorches most of the country, an industry body told Reuters, but delayed arrivals of components from Covid-hit China may cause shortages of premium products.
Power demand has also hit a record high as India registered its hottest March in more than a century and an unusually hot April. Indian companies depend on China for 10 per cent to 20 per cent of AC components like compressors and controllers. Energy-efficient AC sales would mostly be affected because other products largely use locally made components, Braganza said.
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