
Summary: The Indian Consumer Durables sector is poised for robust growth, driven by increasing consumer spending, urbanization, government initiatives, and a strong push towards premiumization and energy efficiency. Companies are strategically diversifying product portfolios, expanding geographic reach, and investing heavily in manufacturing capabilities and digital engagement. While transitional headwinds like GST reforms and seasonal demand fluctuations impacted Q2 FY26, a strong H2 FY26 is anticipated, fueled by the festive season, improving retail sentiment, and normalization of channel inventory. Key themes emerging across the sector include a focus on "Make in India," backward integration, e-commerce penetration, and the adoption of advanced technologies like AI and IoT in products. Companies are actively managing working capital, aiming for margin expansion, and capitalizing on structural tailwinds to outpace industry growth.
The Consumer Durables sector in India is experiencing a dynamic phase of expansion and evolution, characterized by increasing demand for technologically advanced, energy-efficient, and premium products. The market is broadly segmented across various product categories, including home appliances (fans, coolers, water heaters, washing machines, mixer grinders), kitchen appliances (cooktops, pressure cookers, non-stick cookware, small appliances),
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