Air con sales: Heatwaves spike but AC sales growth cools; makers trim 2025 forecast to 10–15%
India's room air-conditioner (RAC) industry faces lower-than-expected growth in 2025 despite a June sales spike driven by intense heat. Unseasonal rains and fluctuating temperatures have led major AC manufacturers to revise their growth forecasts to 10–15% for the year.
Business