Exports to drive next growth phase of India’s consumer durables sector: DPIIT | Mint

India’s consumer durables sector, particularly in air conditioners and refrigerators, is witnessing strong export growth, bolstered by research, development, and government initiatives. The Department for Promotion of Industry and Internal Trade (DPIIT) has created favorable policies to enhance exports. Manufacturers are investing in R&D and innovation, ensuring their products are competitive globally. This focus on export growth aligns with India’s broader goal of becoming a manufacturing hub, driven by technological advancements and strategic initiatives under the "Make in India" program.