Consumer durables firm Mitashi today said it has forayed into air conditioners market in India.
During the first phase of its launch, the company will sell split air conditioners in western and northern regions of the country.
The AC market in India is estimated to be 4 million units, the company said.
The 1 ton AC is priced at Rs 28,990, the 1.5 ton is priced at Rs 35,990 and the 2 ton is priced at Rs 44,990.