By Harshita Swaminathan and Satviki Sanjay
Some of India’s largest companies, already hit by a demand slump, are facing a new threat in wooing the country’s 1.4 billion consumers: unpredictable weather.
A cooler-than-usual summer this year — followed by the earliest onset of rain since 2009 — has hurt companies selling everything from talcum powder to air conditioners.
Blue Star Ltd., one of the largest AC sellers in the country, had to cut production by as much as 25 per cent between April and June, as it saw fewer buyers. It also delayed imports of compressors, a key input, and
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