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Blue Star Expects To Outperform Industry Growth

Blue Star’s market share stands at 11.5 percent at present currently, from 5 percent in 2011.

Air conditioners are displayed in a showroom. (Photographer: Qilai Shen/Bloomberg)
Air conditioners are displayed in a showroom. (Photographer: Qilai Shen/Bloomberg)

Air-conditioner maker Blue Star Ltd. expects to beat industry growth over the next two quarters, with the onset of summer.

The company expects a revenue growth of 30 percent as compared to a growth of 20 percent for the industry overall, Blue Star’s Joint Managing Director B Thiagarajan told BloombergQuint in an interview. Investment in research and development has helped the company increase its market share to 11.5 percent currently from 5 percent in 2011, he added.

Watch the entire conversation here.