Unprecedented AC demand forces makers to airlift components from abroad

Air-conditioning manufacturers in India are facing a surge in demand due to a relentless heatwave, leading to emergency airlifting of components like compressors and circuit boards from global suppliers. Prices are increasing by 4-5%, driven by metal cost hikes. Installations are delayed due to overwhelmed service networks. Industry players, caught off guard by a 50% growth in sales, are grappling with shortages and unexpected demand spikes.