Kenstar to step into air purifier market

Kenstar has decided to enter the fast growing air purifier business in India.

A part of Videocon group, the company is also getting into industrial cooler segment.

Rajiv Kenue, Chief Commercial Officer, Kenstar said, “The Indian market for air purifiers is poised to grow exponentially and we are set to enter this segment. Our products will be available in the market by September this year.”

“This market is growing by 25% to 30% a year and will now grow sharply as demand has started coming in even from Tier 2 and Tier 3 cities. We estimate that this market will grow to the size of Rs 1,000 crore in three years and this is why we are entering this market,” he added.

Image Credit : n4.sdlcdn.com

Research Desk

Next Post

Land acquisition nears completion for Orvakal airport in AP

Wed May 3 , 2017
In the next 12 to 18 months, the proposed greenfield airport of Orvakal near Kurnool in Andhra Pradesh will become a reality, as land acquistion is nearing completion and work is expected to start very soon. Ajay Jain, Principal Secretary, Infrastructure and Energy, was quoted as saying by BusinessLine, “Ninety-five […]
Land acquisition nears completion for Orvakal airport in AP

Categories

Blog Stats