Remember & #BANNER1 & # the Jaisa India ka Dil, Vaisa India ka AC campaign from Voltas? The air conditioning and the engineering services company from the Tata Group claims to have benefited immensely from the campaign. Therefore, it plans to unleash an extension of the same advertising campaign this summer.
In fact, the TV commercial actually put the Voltas brand back in the running because it focused entirely on Voltas as a brand. Before 1993, Voltas dominated the AC market in the country, but lost ground subsequently in the wake of the sustained MNC onslaught. It's made a strong comeback recently and currently occupies the No. 2 spot by volume, behind LG.
The air conditioner market, estimated to be 20 lakh units (windows and splits) in 2007, is growing at a robust rate of 30 per cent per annum. Voltas claims to have captured a market share of 17 per cent in the split, window and water dispenser category at present. LG is the market leader, with close to 27 per cent of the market, while Samsung is trailing at No. 3, with close to 14 per cent. With a stated target of achieving 20 per cent market share, Voltas has put in place an aggressive distribution strategy to increase the number of channel partners from the current 3,000 to about 4,000 next year.
Voltas has also launched a new range of sleek looking room air conditioners in India I in the premium and luxury segments. With the intention of growing the market further, Voltas has planned an advertising budget of Rs 30 crore.
Voltas has announced the launch of 42 new air conditioner models this year. Models already introduced include Vertis Pristine, Vertis Panache, Vertis Elan, Vertis Elite, Vertis Gold, and the flagship Vertis Plus. These air conditioners are priced between Rs 9,900 and Rs 36,000.