Page 2 - Godrej Appliances

Godrej Appliances targets 25% revenue growth to nearly Rs 50 bn in FY19

The company expects the air conditioner segment to be a growth driver and aims to increase its overall market share in the segment to 8 per cent from 5 per cent at present

Godrej Appliances wins Rs 2-bn EESL contract to supply 'Green ACs'

Godrej Appliances won EESL's contract to supply, install and commission 52,000 Super-Efficient Green Inverter AC for government and railway establishments. The contract is worth Rs 2.07 billion, said Godrej in a public statement. "This initiative is part of a larger program to make buildings more energy-efficient by using super-efficient cooling equipment and LED lights. The Government plans to replace current old air-conditioners in government buildings with super-efficient appliances that will consume 30% less power. By March 31, 1,500 buildings will be covered and by June, all 2,500 central government offices and public-sector company buildings will be covered." said Saurabh Kumar, MD, EESL. It is estimated that today's 5 star inverter AC consumes almost 50% less energy when compared to the ACs prevalent 10 years back. As part of the initiative from the government, these ACs are already been implemented across public buildings like the Public Works Department, Patent House, Power ..

Godrej hikes fridge, AC prices by 3-6% due to higher input costs

Refrigerators and ACs together contribute around 75 per cent of the company's total revenue at present.

Godrej Appliances eyes Rs 4,000 cr turnover in FY18

Godrej Appliances is also expecting 30% growth in sales during the current festival season

Monsoon, pay panel windfall will drive sales: Godrej Appliances

The company, which has launched AC and refrigerator under brand NXW, will soon roll out washing machines under its premium segment

Godrej Appliances to invest Rs 200 crore to ramp up production

In April, Godrej Appliances had said it was planning to increase the number of exclusive brand outlets in the country

Exports to contribute 10% to Godrej Appliances turnover by 2020

To expand its export portfolio by reaching out to more overseas markets while beefing up its domestic presence

Godrej Appliances seeks to increase market share by 3%

Company to double marketing spend on AC sales, ramp up retail network from 12,000 outlets to 15,000 during 2016-17