Heatwave drives surge in cold drink sales, AC and fridge demand stays weak
New Delhi | Kolkata: Intensifying heatwaves across India have prompted makers of soft drinks, ice-creams and dairy beverages such as cold coffees to revise their sales targets upwards, while those selling semi-discretionary products such as air-conditioners and refrigerators say the 8-10% price increases this year have resulted in demand falling short of initial projections. Ice-cream and cold beverages maker Mother…
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