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INDIA: Leading Indian air conditioning and refrigeration equipment manufacturer Voltas has reported a record triple-digit volume growth in April.
Driven by an increase in demand for cooling products given the intense summer experienced across the country, domestic AC sales grew by over 170% and commercial refrigeration by 125%. Overall, Voltas’ cooling products segment grew by more than 160%.
“The summer of April 2022, has helped us gain an unprecedented growth in comparison to the last three years,” said Voltas MD and CEO Pradeep Bakshi.
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