| Samsung eyes 22 pc of Indian AC market this year
NEW DELHI: Korean consumer electronic major Samsung is gearing up for the upcoming summer with plans to corner about 22 per cent of the expected 2.25 million home air conditioners market in India.
Samsung India Electronics Pvt Ltd, the subsidiary of the Korean firm today announced its foray into the capacity segments like 0.8T and 1.6T in split ACs and 1.6T in window ACs by launching a new range comprising 10 different star rated AC models as part of its strategy.
"We expect our split AC volumes to grow from around 50 per cent contribution level witnessed last year to around 58 per cent of our total AC volumes this year," Samsung India Deputy Managing Director R Zutshi said in a statement.
The total AC market in India last year was around 1.8 million units, which is expected to cross over 2.25 million units by the end of this year.
The last Nimitz-class aircraft carrier is under construction in ...
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Fusion, Milan sedans are safe and well built, but lack oomph
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