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Hot summer to help Godrej sell more ACs

Mr Nandi was in Hyderabad to launch one of the power efficient airconditioners Godrej NXW AC on Wednesday.

Hyderabad: Godrej Appliances expects to post higher airconditioner sales as weathermen predict higher temperatures this summer.

“We expect to post a higher than industry growth rate in airconditioners this summer. Our aim is to strengthen our position further and capture a market share of 20 per cent in 5-star and inverter AC segment by 2018,” said Kamal Nandi, business head and executive vice-president, Godrej Appliances.

Mr Nandi was in Hyderabad to launch one of the power efficient airconditioners — Godrej NXW AC — on Wednesday.

( Source : Deccan Chronicle. )
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