Business Standard

Blue Star eyeing bigger share of UP AC market

Company's current market share in UP is about 8%, which it is targeting to raise to 11% during 2015-16

BS Reporter Lucknow
Air conditioning (AC) and commercial refrigeration major Blue Star is eyeing a bigger share of Uttar Pradesh AC market.

“Our current market share in Uttar Pradesh is about eight per cent, which we are targeting to raise to 11 per cent during 2015-16,” Blue Star Executive Director and President B Thiagarajan said here on Thursday.

The annual AC market of Uttar Pradesh and nationally are pegged at around 0.3 million and 3.75 million units, respectively. The domestic AC market is growing by 10 and 19 per cent in volume and value terms respectively, he said.

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First Published: Mar 19 2015 | 8:49 PM IST

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