Home Laundry Appliances in India - New Study Released
The Indian economy slowed significantly over the review period. According to the latest figures, GDP growth stood at 4.4% year-on-year in July 2013, which was less than half of what it was in 2007/2008. This slowdown had an impact on home laundry appliances, reducing volume growth from 24% in 2009 to just 5% in 2013. Interestingly, growth in home laundry appliances was stronger than that in refrigeration appliances in 2013. This was because the penetration of home laundry appliances continued...
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