🔷Rapid Urbanization and Rising Incomes:
Increasing demand for household air conditioning and refrigeration systems

Margin Improvement and Exports: Key Drivers

1️. Rising Exports:
 👉 Exports grew from 9.57% in FY22 to 19% in Q2 FY25
 👉 Higher margins in exports are driving profitability

2️. Cost Savings:
 👉 An 8 MW solar plant at the new facility will cut electricity costs

3️. Tax Incentives:
 👉 A 10% tax reduction under India’s new tax scheme, and state incentives from Rajasthan’s RIPS ‘24 policy