India Poised to Overtake China as Largest Consumer of Air Conditioners

India is projected to surpass China as the leading consumer of air conditioners by 2040, according to B Thiagarajan, managing director of Blue Star Ltd., who noted that the air-conditioning and refrigeration industry in India is currently experiencing its "golden age." “The air conditioning and refrigeration industry is in its golden period. There is an unprecedented demand and growth. The only consumer durable that has been growing significantly since the past 6-7 months are room air conditioners. We expect this category to do well for the next 10 years,” said Thiagarajan during his visit to Ahmedabad for launching his company’s new range of room air conditioners.

Source: Blue Star