Inverter AC Sales

LG Electronics on Monday said it has become the first and only company to sell over 10 lakh dual-inverter air conditioners in India in the six-month period in the first half of the year.

Air conditioner demand has witnessed a sharp uptick and the industry has registered a cumulative record domestic sales of nearly 6 million units in the first half of this year.

Already, in April the industry has clocked the sale of around 17.5 lakh units, which is also an all-time high for the month.

The share of energy-efficient inverter air conditioners touched 31 per cent during the first six months of 2017, a new high since their introduction in the country. While sale of ACs fitted with smart compressors have been on a rise for some time, the recent surge is attributed to manufacturers' growing interest in the segment. Thanks to the new energy-efficiency norms, to take effect from January next year.LG is one company to have completely moved towards inverter split ACs. Others are preparing to align with the change. B Thiagarajan, joint managing director at Blue Star, says: "Realignment of manufacturing lines is not an issue; technologically, we are fully prepared."LG stopped producing split ACs not fitted with inverter technology from January 2017, a year ahead of the deadline. "Moving to inverter technology at one go was a more preferred idea for us, as it offers economies of scale. Also, positioning of our products is sharper, with a single key proposition to lure ...