Home / Business and Economy / Bigger Fridges, Smarter Washing: BSH's India Push
Bigger Fridges, Smarter Washing: BSH's India Push
12 Dec
Summary
- BSH India is launching larger appliances like 12kg washing machines and 500L+ refrigerators.
- The company aims for 90% localization by 2030 through local sourcing and engineering.
- BSH plans to open 500 premium brand stores across India by 2030.
BSH Home Appliances is significantly increasing its localization and product innovation efforts in India. The company is introducing India-specific, higher-capacity appliances such as 12kg washing machines and refrigerators exceeding 500 litres, alongside a broader range of cooking appliances. This strategic shift is driven by evolving consumer preferences and the growing market share of premium, larger-capacity models.
The company's Chennai facility currently produces 3.5 lakh washing machines and 3.6 lakh refrigerators, with a focus on customizing products for Indian needs, evidenced by features like a 'kadai' function on dishwashers. BSH aims to boost its current 65-70% localization level to 90% by 2030, exploring local component sourcing and electronics engineering.
BSH is also expanding its retail presence, planning to add 100 premium brand stores annually to reach a total of 500 stores by 2030, focusing on Tier-1 and Tier-2 cities. This aggressive expansion targets India's burgeoning home appliance market, where penetration rates for appliances like dishwashers and washing machines remain lower than in mature global markets, presenting a significant growth opportunity.
