Heatwave ignites triple-digit demand spike across ice cream, beverages and AC categories

Mother Dairy, Lotte, Varun Beverages, Haier and LG report sharp sales rebound as India's heatwave drives 30%+ seasonal demand. Quick commerce doubles ice cream volumes in 10 days; Tropicana PET grows over 100%, dairy 60-70%, Haier ACs 35% this month.

— Source publishedSun, 24 May, 2026, 15:12 IST·First seen Sun, 24 May, 2026, 15:17 IST·Source The Hindu BusinessLine

What happened

Heatwave is driving sharp demand rebound across ice cream, beverage and AC categories in India, with Mother Dairy, Lotte, Haier, LG and Varun Beverages

Key facts

  • 30% season demand growth estimate
  • ice cream volumes doubled in 10 days on quick commerce
  • Haier 35% growth this month
  • Tropicana PET >100% growth
  • dairy 60-70% growth
  • Adrenaline Rush priced at ₹60

Why this matters

Heatwave-driven category surges create a window to acquire regional cold-chain, quick-commerce dark-store, or AC component capacity before competitors price in the structural demand.

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