July 03, 2026 10:19 pm (IST)
Blue Star launches targets 12% market share of room ACs in FY17
Mumbai, Feb 3 (IBNS): Airconditioning and commercial refrigeration major, Blue Star Limited, has announced the launch of a new range of airconditioners.
Blue Star forayed into the residential segment in 2011 and has met with resounding success thereafter, year after year.
"Blue Star grew by 20% in the current financial year which is faster than the industry growth, and currently assumes a market share of 10%, in terms of value," a company statement said.
The company intends to continue its aggressive thrust in the room airconditioners market and aims to gain a market share of 12% in FY17, in terms of value.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Air India, SIA Engineering ink agreement for collaboration on MRO
Fri, Jul 03 2026
Government revives IDBI Bank privatisation; mega Rs 55,000 crore deal back on track
Thu, Jul 02 2026
India-US trade deal almost done! Piyush Goyal hints at breakthrough
Thu, Jul 02 2026
From rally to rout: Zee Entertainment shares crash after denying Rs 418 crore FDI report
Thu, Jul 02 2026
Renault India sustains growth momentum; June wholesales rise 55%
Wed, Jul 01 2026
Mahindra’s Trucks & Buses Business sells 3249 vehicles in June 2026
Wed, Jul 01 2026
Mahindra farm equipment business sells 58,177 Tractors in June 2026
Wed, Jul 01 2026
