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KRISHAN SACHDEV
Third wave: Retailers hold only 15 days’ stock of TV, washing machine, apparel to cut impactApart from night curfew, odd-even opening of non-essential retail stores and shorter business hours, some states such as Delhi, Karnataka a...- Maharashtra Covid curbs may hit suppliesManufacturers want more trucks now to immediately ship their finished-goods inventories out of the factories in Maharashtra to various part...
- Chinese phones continue to ring at full volumeThere has been no palpable impact on sales of Chinese electronics brands in the Indian market.
- With little to cheer, companies cut festive spendProduction cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the...
- Consumer goods firms flag Covid hit, cut festive season forecastProduction cuts will be most in premium portfolio as consumers curb discretionary spending.
- Make in India: Carrier Midea to reach out its suppliersAir-conditioner maker Carrier Midea India is reaching out to its suppliers, many of whom are owned by one of its parent – China's top white...
- Midea to introduce Toshiba brand home appliances in IndiaMidea Technology Park will have three manufacturing units for home appliances, HVAC products and compressors, and will also include a manuf...
- Chinese white goods company Midea announces Rs 1350 crore new plant in PuneThe new facility near Pune, with a technology park, will have three manufacturing units for home appliances, HVAC products and compressors.
- Unseasonal rains cool off AC, fridge sales this summerAccording to industry estimates, AC sales have plunged by more than 15% between March and April third week over the same period last year, ...
- Carrier Midea to produce its entire range in India; to hold on to pricesCarrier Midea India is going to manufacture its entire range of residential air-conditioners in its facility in Haryana this year.
- Government bans energy guzzling one-star air-conditioners in the Indian marketThe rules have been notified by the Bureau of Energy Efficiency, the nodal body under the power ministry for energy efficiency rating of co...
- Chinese brands Konka, TCL plan re-entry into Indian duables marketIn India, most Chinese brands have underperformed because of perception regarding product quality.
- AC manufacturers to tap SOHO segment to boost sales this yearAir conditioner manufacturers are tapping the small office home office (SOHO) segment to boost sales this season, in which demand has been ...
- Carrier Midea to double ad spend in push for Rs 1000 crore turnover in FY13AC maker Carrier Midea will double its advertising and promotion budget this year, and targeting a turnover of Rs 1,000 crore in 2013.
- AC makers stare at flat sales growth due to price hikes, late summerBlame it on prevailing cool nights in key markets and a fresh round of price increases of up to 10%, air-conditioner sales have yet to pick...
- Carrier Midea to manufacture home appliances in HaryanaCarrier Midea India has started feasibility study to manufacture them in its newly constructed plant in Haryana.
- Carrier, Midea to invest Rs 500 cr to expand capacity at plantConsumer durables maker Carrier today said it will invest Rs 500 crore alongwith its joint venture partner Midea to expand its production c...
- Carrier Midea India starts operation at new manufacturing plant; to target market with two brandsCarrier Midea India announced commencement of operation at its new manufacturing facility at Bawal, about 60 km near Gurgaon.
- Indians switch to high-priced, power-efficient air conditionersIndian consumers have started upgrading to higher priced, but less power consuming airconditioners to snip mounting electricity bills after...
- AC makers eye govt projects to beat the heatThe economic slowdown is prompting air conditioner manufacturers to bank on resilient segments such as government-funded infrastructure pro...
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