Panasonic eyes 35% growth in air conditioner sales

Panasonic India has launched a top-end air conditioner with a radiant cooling system and is looking at 30-35 per cent sales growth next financial year in the overall segment. Last year, Panasonic’s air conditioner sales grew by 20 per cent and contributes 15 per cent of the total turnover. Panasonic’s ‘Sky Series’ will be priced at ~70,000 and ~85,000 for 1 and 1.5 tonne capacity, respectively.