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Despite a dip in profits, Voltas Ltd (BOM:500575) focuses on market leadership and expansion to drive future growth.
The India Air Conditioner Market, estimated at USD 3.88 billion in 2024, is projected to soar to USD 13.43 billion by 2033 with a CAGR of 14.78% from 2025 to 2033. This robust growth is spurred by urbanization, rising middle-class incomes, and a surging need for energy-efficient cooling amid escalating temperatures. The demand spans residential and commercial segments, further fueled by inverter and eco-friendly technologies. Despite energy costs and infrastructural challenges, the market witnes
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