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Kishan Kabra

Founder & CEO • 1y

Don't you think ACs are not luxury anymore, people who are buying Coolers spending 10-15k earlier are now willing to buy ACs. Is individual income really increased or it is because of EMI? Ya phir garmi zyada hai? 😅

24 Replies

Replies (24)

Nawal
•

SELF • 1y

It's all the circle - like you can get ACs but what about the electricity bill per month you'll have to face.

3 Replies

SIDDANTH Rolli

Co-founder of cAreer... • 1y

Consumer Habits have shifted They have now gone to Huge Spenders to Saver and Savings in India right now are at the All Time Low about 5.3%

1 Reply

Sarath Tallam

Hey I am on Medial • 1y

I feel EMI played a major role along with shift in aspirations of people

1 Reply

Anonymous 4

Hey I am on Medial • 1y

Consumer habits have shifted, and people now prioritize comfort, making ACs more common. Data shows both rising incomes and the availability of financing options have contributed.

1 Reply

Hawk

Product Ops Wizard a... • 1y

Expenses have increased, taxes have increased while the average household income hasn’t seen a much of a change. Plus the easy payment options like Buy now pay later, EMI, UPI credit card has screwed the middle class & upper middle class. So yea a middle class family won’t hesitate to spread their legs out of their blanket even further thinking that they can pay the funds later thus falling into a trap

1 Reply

Anonymous 3
•

slice • 1y

Garmi bhi bohot zyada hai yaar! That's definitely a big reason. It's a combination of all three: higher incomes, EMIs, and hotter temperatures.

1 Reply

MD. SAQIB

Hey I am on Medial • 1y

Bhai garmi zyada hai simple. More it's also about society status. Aadmi khud cooler mei rah lega no problem but jab mehman ayega toh usko AC mei hi bithalega

1 Reply

Anonymous 2

Hey I am on Medial • 1y

I, myself didn’t get an AC because of the electricity bill woes. Whereas the cooler that i got didn’t add much to my expenses. AC kind of becomes a recurring expense after a point, servicing, and all that + the bill.

1 Reply

Anonymous 1

Hey I am on Medial • 1y

I think it’s the pure cost to outcome calculations going on in people’s heads, like people who are in worst heat conditions, “purely working class” they don’t see the full value of it, both have cool air, one makes their electricity bill look inflated 💁🏾‍♂️

1 Reply

Inactive

AprameyaAI • 1y

EMI + Majburi

Rajan Paswan

Honorary Mentions - ... • 1y

Easy access to loans also plays a role in this with EMI yeah.

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