Whalesbook
Middle East ki tensions ka impact India par!
Yaar, ye jo West Asia mein gadbad chal rahi hai na, aur shipping lanes mein jo problem ho rahi hai, usne India mein sabko LPG ki availability ko lekar dara diya hai. Is darr ne seedha logon ko electric cooking options ki taraf dhakka de diya hai. Wonderchef ke CEO, Ravi Saxena, bata rahe hain ki pichhle 3 hafton mein induction cooktops ki demand 8-10 guna badh gayi hai, aur dusre electric kitchenware ki demand bhi 3-5 guna badhi hai. Kuch reports toh keh rahi hain ki conflict ke shuruaati dino mein electric cookstove ki sales toh 30 guna tak upar chali gayi thi! Companies ab production badhane ke liye daud-bhaag kar rahi hain.
Market ka Future kya hai?
Ye jo home appliances ka market hai na, woh waise bhi 11% saalana growth dikha raha hai. Induction cooktop ka segment toh alag hi level par hai, jisse 2030 tak USD 12,600.7 million tak pahunchne ka andaaza hai, matlab 11.7% CAGR se badhega 2024-2030 ke beech. Bade players jaise Havells India Ltd. (market cap ₹74,000-₹83,000 crore, P/E 50-57), Crompton Greaves Consumer Electricals Ltd. (market cap ₹15,000 crore, P/E 28-31), aur Bajaj Electricals Ltd. (market cap ₹4,000-₹4,200 crore, P/E 47-111) bhi is growth ka fayda utha rahe hain. History bhi bata rahi hai ki jab jab LPG supply mein problem hui hai, electric cooking ki demand badhi hai.
Toh kya sab theek hai? Worries bhi hain!
Magar, sab kuch itna bhi smooth nahi hai. Iss boom ke beech, hamara induction cooker industry import kiye hue parts par bahut zyada depend karta hai. Agar global supply chain mein dikkat aayi ya currency mein utaar-chadhav hua, toh sab gadbad ho sakta hai. Sarkaar ne ₹1,800 crore ki customs duty exemption di hai, par woh bhi puri tarah se madad nahi karegi. Sach toh ye hai ki ye current demand LPG ke dar se hai, na ki log permanently switch karna chahte hain. Ravi Saxena ka kehna hai ki asli kitchen appliance industry ki growth toh waise bhi slow chal rahi hai, toh ho sakta hai ye surge temporary ho. Aur India mein lagbhag 87% gharon mein abhi bhi LPG use hoti hai, toh permanently switch karne ke liye consumers ka commitment bhi chahiye, khaas kar semi-urban aur rural areas mein jahan price matter karta hai. Dekhna hoga ki yeh industry future mein supply issues ko kaise handle karti hai aur logon ko electric cooking ke fayde kaise samjhati hai.