India, Aug. 12 -- In addition to growing input costs, India's white goods industry is experiencing soft volume growth, and changes in BEE regulations and e-waste compliance regulations are further straining margins.

While well-funded entrants remain in investment mode, willing to give up short-term margins for share, the majority of reported revenue growth comes from price increases and premiumisation rather than actual volume expansion. For established players, this creates a conflict between maintaining profitability and defending market position that is unlikely to go away anytime soon.

Whirlpool of India Limited had a market capitalisation of approximately Rs.9,984.81 crore as of Wednesday. The stock closed around a current market ...