COVID effect on Consumer Durables!!

Covid -19 has an impact on consumer durables to such an extent that demand outsrips supply and many SKU have waiting periods.

Interestingly Dishwashers demand is so high that it outstrips last few years combined sales already. Listed Companies like Whirlpool, Siemens,, Voltas, IFB can be beneficiary and Voltas and IFB stocks have run up in recent past already

This is a trend which will not stop and will have a contagious effect in Indian Society where word of mouth helps a lot in buying decision.

So premium items like dishwashers may become a common sight in coming days in many Indian households. Look for this trend to unfold in medium term

Demand is up for AC, Fridges, Dishwashers etc
Voltas, IFB --Dishwashers, Washing machines, Consumer durables
Hindu Business Line

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