Companies feel the heat of an unusual summer; demand drops for coal, ACs

Unseasonal rain, high number of heatwave days upend business cycle of several sectors

consumer durables.

Illustration: Ajay Mohanty

Sanjeeb MukherjeeSharleen DsouzaShreya Jai New Delhi

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It has been an unusual summer in India with conflicting weather patterns prevailing in different parts of the country, with variegated impacts on business.

While the North had unseasonal rain, the East and South sweltered with a historically high number of “heatwave” days. But apart from the weather vagaries, these erratic events have upended the business cycle of several sectors, mainly 
agriculture, beverages, and consumer durables.

First Published: Jul 16 2023 | 10:04 PM IST

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