Godrej Appliances Aims at 10% RAC Share

Godrej Appliances aims to double its sales growth in the RAC segment this summer, and increase its market share despite a recent price hike and inflationary pressure on inputs, said Kamal Nandi, business head and executive vice president of Godrej Appliances. He, however, hinted at another price hike by the air conditioner industry in April this year if the commodity prices continue to soar. Like other manufacturers, Godrej Appliances had hiked prices in January this year due to the soaring rates of metals such as copper and plastics, and freight charges.