Whirlpool Of India - A Pure Play In The Underpenetrated White Goods Space: Motilal Oswal Initiates Coverage 
Customers view a Whirlpool Corp. washing machine displayed for sale (Photographer/ David Paul Morris)

Whirlpool Of India - A Pure Play In The Underpenetrated White Goods Space: Motilal Oswal Initiates Coverage 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Whirlpool of India Ltd. has established itself as a strong and fast growing brand in the white goods space, especially in refrigerators and washing machines.

The multi-national company, which has been witnessing improving market share, commands the third position in both these categories, with the top two slots occupied by Korean giants – LG and Samsung (both unlisted in India).

A strong distribution network and move to rural India, in-house capex, and innovative product offering have been growth drivers for the company.

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Motilal Oswal Whirlpool of India Initiating Coverage.pdf

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