Air conditioning and commercial refrigeration major Ltd is hopeful of business to improve from the second quarter of 2021-22 after being hit hard by the second wave of COVID-19, coupled with a 'bad summer season', according to company Chairman Shailesh Haribhakti. He, however, said,"With a renewed national focus on strengthening the healthcare infrastructure and an accelerating vaccination drive, I am hopeful that things will begin to improve from Q2FY22." Haribhakti said with the momentum gained in Q4FY21, the company was "looking forward to a great summer season. Advani further said Blue Star will also participate in the PLI schemes announced for many product categories by the government as a part of the 'Aatmanirbhar Bharat' programme. Stressing on the need for digital push in the COVID-19 era, Advani said,"This has become particularly important.

Source: The North Africa Journal July 09, 2021 08:26 UTC