Consumer durables makers expect decent sales this summer

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Backed by positive market sentiment, soaring temperature and new product launches, consumer durables companies expect to clock good sales growth this summer, reported PTI.

"Sales are expected to be much better this year. There is a lot of positivity in the market. We expect to grow by about 35 per cent this calendar year," Haier India President Eric Braganza told PTI.

According to media reports, Haier had introduced over 65 products in four categories -- washing machines, refrigerators, air conditioners and television panels this year. It plans to launch seven more products by next month.

Story first published: Monday, June 9, 2014, 23:00 [IST]
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