AC industry faces raw material shortage, supply chain issues: Bluestar MD
Wed, Jun 26, 2024 3:54 PM

AC industry faces raw material shortage, supply chain issues: Bluestar MD

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Bluestar has increased prices by 2-3% in June due to rising raw material costs, particularly copper. The industry has seen a 3-5% price hike across various brands. Bluestar expects 60% sales growth in Q1 FY25 and 30% growth in FY25. However, supply chain kinks, geopolitical issues, and rising raw material prices pose challenges. A 10% rise in copper prices could impact the industry by Rs 600 cr.

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