LPG crisis sours India's AC industry; production costs jump, Nuvama says

LPG crisis: Indian air conditioner makers face a critical production challenge. A shortage of Liquefied Petroleum Gas is disrupting manufacturing processes. This comes as the industry prepares for peak summer demand. Companies are shifting to alternative fuels, but these also present import-related risks. Unseasonal rains have also softened consumer interest. Brands have increased prices to manage rising costs.