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Be careful while buying A/C manufacturing stocks for the summer.
Recent developments indicate that India's air conditioner (AC) manufacturers are facing challenges due to Bureau of Indian Standards (BIS) certification issues. The BIS has declined to recertify over 50 component suppliers from China and Vietnam, which are crucial sources for essential parts like compressors and motors. This move aims to promote local manufacturing but has raised concerns about potential shortages of ACs and refrigerators by the summer of 2025. Source: Ken Stocks to watch: Voltas, Blue Star, Amber, Sharp India3
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