Comments
Racold Thermo, leading manufacturers of water heaters, has launched its new range of instant water heaters – Pronto Neo and Pronto Stylo – in the Kerala market. With Italian design and ability to heat water quickly, the product is available in 1, 3 and 6 litres.
Mathew Job, Managing Director, said that the company with a 25-30 per cent market share, is looking at strengthening the brand by launching new models in 2-3 years with the changing consumer lifestyles.
The total market size of water heaters in the organised segment is estimated at ₹800 crore which comprises instant and storage water heaters both in solar and electrical segments.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.