Hindusthan Samachar
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Global warming concerns for many, but boon for business

By HindusthanSamachar | Publish Date: Mar 5 2019 6:22PM
Global warming concerns for many, but boon for business
Kolkata, 5 March (HS):When the issue of global warming has been causing serious concern to the people of the universe because of steady increase in the atmospheric temperature,it has also come as a boon to the manufacturers of air conditioners and refrigerators in India with their business soaring high by every year. This was revealed here today during a meeting with Kamal Nandi, Executive Vice President and Business Head of Godrej Appliances,India''s second largest Air Conditioners and other home appliances manufacturer with a targeted annual turnover of Rs 4,300 crores by the end of this fiscal(2018-2019). Replying to queries from Hindusthan Samachar,Nandi said since all their products were 100 per cent eco-friendly,they were expecting about 20 per cent growth in the sales of their five star rating AC in the coming summer season when about 15 to 18 per cent more refrigerators would also be sold in all likelyhood. Quoting from a recent in house study, Nandi said the people had been expecting a longer summer season this year ''like we have experienced a longer winter'', and added that keeping this mind they(the Godrej Appliances) had multiplied the number of not only their sales touch points to over 8500 across the country, the number of service centres had also been increased from a little over 500 to over 660 this year along with the technicians from 3500 odd to over 4,000 during the coming summer. Coming back to the issue of global warming and its impact on the Indian subcontinent in the coming years,Nandi, who was flanked by Sanjeev Jain, National Sales Head, Godrej Appliances and Santosh Salian, Product Group Head of the company,said according to a NASA report, the global temperature had been on the rise since 1880, at a rate of 1.9 Farenhite every year. Hindusthan Samachar/Ankur/Pramod \
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