The retail segment of the air-conditioning industry has grown by 10-12 per cent in the first four months of the year (April-July 2003-04).
Since these four months are the peak months in terms of sales, the industry is not likely to meet its target of 25 per cent growth of the segment for the financial year, according to industry sources.
Factors like the 20-day long truckers strike which paralysed the industry in April, the peak time for A-C sales, and a mild summer in May in the northern parts of the country - which accounts for 45 per cent of the industry
