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Consumer durable industry returns to steady growth path in 2019; economic slowdown a threat for 2020
Business

Consumer durable industry returns to steady growth path in 2019; economic slowdown a threat for 2020

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 percent, largely helped by long and harsh summer, which lifted sales of compressor-based cooling products such as AC and refrigerators.