Curbs on compressor imports could hit supply of ACs & refrigerators, warn companies

Kolkata: Air-conditioner and refrigerator makers have warned that the Centre’s latest restrictions on compressor imports could lead to shortages later this year, as domestic production capacity remains insufficient to meet rising demand.

The concern follows a May 8 order by the Department for Promotion of Industry and Internal Trade (DPIIT), which links compressor imports in the current fiscal to a percentage of volumes imported in FY25.

Read more

You may also like

Comments are closed.

More in IT