Blue Star MD warns weak summer could 'spell disaster' for India's AC industry
B. Thiagarajan flagged that subdued March-June demand would cripple an AC sector already saddled with elevated channel inventory, squeezing volumes, margins and working capital during the season that drives the bulk of annual sales.
What happened
Blue Star MD B. Thiagarajan warned that a weak summer could devastate India's AC industry, already burdened with elevated channel inventory. Subdued summer
Why this matters
Distressed channel dynamics and margin compression could open opportunistic windows to consolidate weaker regional AC brands or distributors over the next two quarters.