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ONAM AND DIWALI SALES
FMCG, auto and consumer companies step up festive marketing spends by up to 20%Indian consumer companies are increasing festive marketing budgets by up to 20% as demand shows signs of strengthening and dealers build in...
Independence Day sales surge up to 25%, lifting festive demandThis year's Independence Day sales have brought impressive growth for brands and retailers, with value sales soaring by up to 25% and volum...
LG Electronics India sees bigger screens, premium appliances powering FY27 growthLG India reported strong June quarter results with revenue up fifteen point five percent. Bigger television screens and premium appliances ...
Alternative fuels now within striking distance of petrol in passenger vehicle market, says FADAAlternative fuels are closing in on petrol's share in India's vehicle market. CNG leads the alternative fuel segment, followed by hybrids a...
Staring down the barrel: India Inc stockpiles ahead of festive seasonTo ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks...
Auto companies ramp up discounts, cut prices amid demand revival hopeAutomakers are hoping for a demand spike in October, following a subdued start to the festive season. Companies like Honda, Hyundai, Mahind...
Discounts fire up demand as festive season kicks offHefty discounts and promotional offers have spurred car and consumer electronic sales during Ganesh Chaturthi and Onam festivals, marking t...
Discounts, offers drive car, electronics sales in Onam, Ganesh ChaturthiHefty discounts and promotional offers have spurred an increase in car and consumer electronic sales during the Ganesh Chaturthi and Onam f...
Clothing, lifestyle retailers and shopping malls expect bumper festive harvestConsumers started reducing non-essential spending such as that on apparel, lifestyle products, electronics and dining out since Diwali last...
Weak monsoon may ruin festive season salesThe festive season – starting from Onam covering Ganesh Chaturthi, Durga Puja, Dusshera, Diwali and Bhai Dooj – accounts for 35-40% of annu...
Mini lockdowns dampening forecasting of demand, inventory and production, says India IncThe months between Onam and Diwali account for the single biggest annual spike in consumer spending for gift packs across categories. Indus...
What slowdown? Consumers are buying more premium products this festive seasonMaruti, Hyundai, LG, Sony, Panasonic and Godrej said consumers, including those in smaller towns, are buying more premium products this fes...
Pre-GST buying takes a toll on festive salesCompanies said the decline is due to consumers advancing purchases during the pre-GST sales in June with retailers in a hurry to liquidate ...
GST dampens Onam sales in KeralaThe consumer durables market in Kerala is calculated to be in the range of Rs 2000 to 3000 crore a year. Of this, about 50 to 60% of the sa...
LG Electronics India expects 20% rise in sales this yearUnveiling the products for the Onam festival, Sanjiv Agarwal, sales head, said the company is expecting to touch a turnover of 22,000 crore...
Sony India aiming at 30 per cent growth in salesThe company sales grew at 38% during April-May, which is more than the industry growth rate, said sales head of the company Satish Padmanab...
India Inc eyes cracker of a festive seasonThe final phase of the festival season is just a fortnight away and, so far, marketers are optimistic that the demand will be on a par with...
Festive season brings cheer to durables companiesDespite downturn in the economy, Onam sales in Kerala proved to be healthy for the consumer electronics and durables industry.
- Pre-Diwali sales fail to pep up consumer durable cos
The mood this festive season with most big consumer electronics and durable marketers is subdued, at best.
- Electronics brands jack up ad spends to prop festival sales
With sales during the Onam-Durga Puja-Dusshera festivities failing to meet industry expectations, consumer electronics majors like LG, Sams...