Indian AC makers chase Europe export window as record heatwaves drive 2-3x demand

Godrej, Havells, Amber and Blue Star target European AC exports by 2027, leveraging 15-18% lower production costs and PLI backing. Entry hinges on meeting CE/eco-design norms and the region's 80% heat-pump AC mix, while cheaper Chinese and Korean rivals crowd the field.

— Source publishedTue, 30 Jun, 2026, 06:00 IST·First seen Tue, 30 Jun, 2026, 06:07 IST·Source ET Small Business

What happened

Godrej Enterprises Group · Indian AC makers Godrej, Havells, Amber and Blue Star eye European exports amid record heatwaves, targeting launches by 2027 after

Key facts

  • 15-18% lower production costs
  • 10-11% domestic penetration
  • 80% heat pump AC share Europe
  • 2-3x demand surge
  • 2027 sales start

Why this matters

The 2027 Europe export window opens partnership and M&A angles around heat-pump tech and CE-compliance capabilities, where Indian players' cost edge may not suffice against established competitors without local distribution or acquired expertise.

What to watch

  • EU F-gas and eco-design regulation updates and certification approvals for Indian SKUs
  • European summer heatwave severity and AC demand prints in 2025-2026
  • Chinese/Korean pricing and capacity moves in EU value segment
  • Indian PLI disbursement milestones and announced export capacity expansions
  • EU anti-dumping or carbon-border (CBAM) signals affecting imported cooling units
  • Accelerate R290/heat-pump product lines and secure CE/eco-design certification ahead of 2027
  • Pursue OEM/ODM and private-label deals with European distributors to bypass brand disadvantage
  • Lock refrigerant-compliant component supply chains and consider EU assembly/JV footprint
  • Lobby for and front-load PLI capex to scale export-grade capacity