Came into effect from 1st July 2017, The GST was passed in the Lok Sabha on 29th March 2017. Along with air -conditioner, table fans of all forms are in the tax slab of 28% which has prompted purchasers to buy table fans in India. Being itself too high, the tax on the table fans already came about to 25 to 26 %. For the industry players and as per IFMA, it has been unfair since the table fans have been kept in the same luxury bracket as the air conditioners. For the table fan purchasers, the Indian Fan Manufacturer has made a representation about the reconsideration of the new tax.

The branded fan market is around Rs 6000 crore and includes some big names like Polar, according to a recently published report of bonafide research “India Table Fan Market Outlook 2022”. In the unorganized sector, there are hundreds of fan manufacturers which are very large. It will assist the table fans manufacturer in India to enter the organized sector if the GST slab rate is brought down. A low tax structure will assist the unorganized players to come in terms with the formal system, as per IFMA.

After getting the scent of the huge scope that category is offering, there are many new players who are entering the market. The other companies are launching various types of table fans which are providing suitable air during the summer times. The price ranges of the products are also commensurate for the purchasers and they are targeting a single company for the purchase of table fans. To know more about the price specification log on to the website www.polar-india.com

Providing a considerable percentage of revenues for the consumer durable manufacturers, e-commerce is slated to become the single largest channel in India. To boost their brand awareness, almost all the players have increased the product availability on the e-commerce store. This company is trying to increase the brand viability at a great level.

About Polar India:- With excellent and innovative fans for every purpose and choice, polar provides a common house and every purpose, while gaining its national reputation. For the use of heavy air circulators and exhaust fans, this company provides a gust cool air with a celebrated range of table, ceiling and portable fans which are created with a cutting-edge technology. In every kind and type of domestic fan spectrum, this trusted company has created a spell of excellence among the customers.

For more information please visit www.polar-india.com
Address:
VISHVA ELECTROTECH LTD.
UNIT NO. 8B & 8C, 8TH FLOOR,
23, CIRCUS AVENUE,
KOLKATA - 700 017
Telephone : +91 33 6629 1829
CUSTOMER CARE TOLL-FREE : 1800 258 1818
E-mail : customercarevishvaelectro.in