LG to focus on increasing localisation of commercial AC in India; sets up separate service entityLG Electronics Inc is focusing on commercial air-conditioners in India, launching a new company for their service and maintenance, said a s...
12 Jul, 2024, 12.29 PM IST
High on design and connectivity, South Korean and Chinese brands put pressure on tried and tested Japanese car makers in IndiaThe Japanese dominance of the Indian car market is under threat with South Korean and Chinese carmakers expected to corner a fourth of it b...
23 Dec, 2019, 06.31 PM IST
They like it hot! Some companies have a summer to cheerACs, packaged cold beverages see double-digit sales growth this April.
07 May, 2019, 06.46 AM IST
Daikin India aims 100 billion yen turnover in 2 years on growing sales, exportsThe company, which has two functional units in Neemrana, Rajasthan, is in the final stages to select for its third manufacturing facility, ...
06 Jan, 2019, 01.05 PM IST
Indians popular choice for senior roles at Asian companiesIn the past three months, Nikon and Sony have appointed Indians — Sajjan Kumar and Sunil Nayyar — to lead their local operations, which wer...
10 Jul, 2018, 07.42 AM IST
Daikin sees 20 per cent growth in home airconditioner sales on early summer"If summer continues like this, then we are expecting a volume growth between 18-20 per cent this year," Daikin Airconditioning India MD K ...
17 Apr, 2016, 02.46 PM IST
Daikin eyeing 20% revenue growth this fiscalDaikin's major growth driver would be inverter room ACs and VRV (Variable Refrigerent Volume) segment this year said Managing Director K J ...
14 Apr, 2014, 04.28 PM IST
- Sony, Panasonic & Sharp count on India for global redemption; say India operations insulated
In India, Japanese companies are increasingly challenging the dominance of Korean duo LG and Samsung in the Rs 38,000-crore consumer electr...
06 Jun, 2012, 12.58 AM IST
- Have to gain market share at any cost, asserts AC maker Daikin
World's largest air-conditioner maker Daikin Industries targets to become one of the top three AC brands in India in three years.
15 Feb, 2012, 09.58 AM IST
Chinese home appliance maker Midea, US-based Carrier to form joint venture in IndiaChinese company Midea and US-based Carrier have agreed to set up a new JV in India, pooling their businesses and strengths in the country.
10 Jan, 2012, 03.12 PM IST
- Panasonic to invest Rs 120 cr on marketing AC range next year
Panasonic has renewed contract with Bollywood actress Katrina Kaif as the brand ambassador for its home appliances range.
23 Dec, 2011, 10.00 PM IST
- Japanese AC makers Daikin, Hitachi and Panasonic eat into the market share of LG and Samsung
Daikin, Hitachi and Panasonic have started eating into the market share of Korean firms LG and Samsung for the first time in a decade
03 Aug, 2011, 03.28 AM IST
- Air-conditioner maker Daikin sheds premium tag to compete in mass market in India; take on LG, Samsung and Voltas
Daikin has sacrificed its premium tag to compete in the mass market in India segment and narrow the price gap with LG, Samsung and Voltas.
13 Jul, 2011, 03.56 AM IST
- AC makers flood market with aggressively priced models; launch ad campaigns
High-end Japanese players Daikin and Hitachi have introduced new entry-level models that are only marginally costlier than Korean and India...
07 Mar, 2011, 02.08 AM IST
- Hitachi hikes prices; to hire 1,000 people this year
Air-conditioner maker Hitachi on Monday said it has started hiking the prices of its entire range of products by up to four per cent.
24 Jan, 2011, 04.14 PM IST
- Godrej Appliances may ink deal with Japanese major
Godrej Appliances, a division of Godrej & Boyce is understood to be evaluating a foreign collaboration with a Japanese electronics major fo...
29 Sep, 2006, 03.38 AM IST
- Japan PC makers say no Sony battery recall
Fujitsu Ltd. and other Japanese computer makers have said that no recall of batteries made by Sony Corp. was necessary as their computers w...
17 Aug, 2006, 01.15 PM IST