Domestic Limitations:
With around 50% of the domestic market already captured, Symphony faces challenges in generating significant new revenue from this segment.
@Dinesh_476 Looks like above statement from you is factually incorrect. Are you talking about market share?? If so you should also mention that market share is split between Organised and unorganised. As per management market share from Unorganised sector accounts for roughly 70 to 75%. So from the remaining 25% to 30% which is from organized market, Symphony has market share of 50%. So now think what is th overall market share Symphony has in Indian Air cooler segment and consider Aircooler penetration in India, CAGR growth this segment is achieving, raising demands from commercial and industrial segments etc. Symphony brand has way to go in India itself.
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