TIWN
New Delhi, Oct 14 (TIWN) The consumer durable market a major driver of the economy has started showing some obvious signs of demand coming back after the lockdown restrictions were lifted.
Gurmeet Singh, Chairman and Managing Director, Johnson Controls-Hitachi Air Conditioning India said: “Post the announcement of ‘Unlock’ we have seen some revival in our business. Since the beginning of the lockdown consumer sentiments were positive for air conditioners, refrigerators, and other utility-based consumer appliances considering the need for comfort and automation at homes.”
He noted that spending has gone up in these areas boosting demand for air conditioners as well. Consumer’s intent to spend across selective categories has started the sales recovery during the ‘unlock’ process, Singh told IANS.
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