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THOMSON REFRIGERATOR MARKET
French major Thomson eyes aggressive India expansion; to tap refrigerator market after ACThomson, a French electronics brand, is set to become more aggressive in India's appliance market. Following its success in LED TVs, the co...
Wedding season: Durable makers witness pickup in sales of entry-level productsLeading home appliance and consumer electronics manufacturers experienced increased sales during the wedding season, driven by demand for e...
Appliances and consumer electronics sales expected to grow 20% during festivals backed by cricket World CupTV makers, including LG Electronic, Panasonic and Thomson, expect increased number of replacements of conventional and small-size TV screen...
Voltas has solid long-term prospects: 4 reasons it is this week's stock pickVoltas will benefit from the evolving consumer preferences in the country for affordable, smart, health and environment-friendly, and energ...
Festive sales bring cheers to industry, hike in DA & Productivity-Linked Bonus act as catalystSales of products such as TV, home appliances, FMCG food and non-food, apparel etc from offline and e-commerce channels have recorded almos...
Discounts for consumer electronics return on e-commerce platformsWhile in bigger towns and cities, pent up demand has been exhausted and consumers have diverted their expenditure to travel and eating out,...
Mobile, fridge, TV makers slash output targets till JulyAlmost all mobile phone makers have altered their production plans, while consumer electronic companies are currently finalising plans depe...
Consumer durables to see 3-5 pc price hikes as costlier imports amid rupee fall add to input costsAccording to the Consumer Electronics and Appliances Manufacturers Association (CEAMA), fall of the Indian rupee against the dollar is crea...
Demand for budget phones, TVs rises in Covid-hit economyIn smartphones, the sub-Rs 10,000 segment is projected to account for 54% of overall sales this year, up from 51% in 2020, market research ...
Prices of TV and appliances likely to go up by around 10% from January"We expect the increase in commodity prices to impact our product pricing in near future. I anticipate the prices to go up by 6-7 per cent ...
Coronavirus impact: TV prices may rise up to 10% from March"By March 2020, TV prices will be increased by 10 per cent due to the current Coronavirus crisis of China, there is a major shortage of raw...
Daily essentials may become dearer soonFMCG firms said cost of commodities such as wheat, edible oil have gone up by 12-20%.
Chinese invaders giving a tough competitive call to Indian TV playersAs per regulatory filings made by the company to Registrar of Companies (RoC) and accessed through business intelligence platform Veratech ...
Electronics companies run into entry-level pileupWhile premium products like large screen televisions, frostfree refrigerators and fully automatic washing machines did sell in cities and l...
Reliance set to bring back the ‘coolest one’ to IndiaReliance has signed brand licensing & distribution deal with Electrolux to relaunch Kelvinator refrigerator. Under the more than 10-year co...
India goes online to shop, white goods fly off e-shelvesGfK estimates that online sales last year helped the overall television category to grow since offline sales had declined by 2%.
Samsung, LG rejig top deck to take on online brands, rivalsSamsung and LG have rejigged their senior management teams to defend their turf from online-focused brands.
GST rate cuts: Discretionary spending likely to gather steamDiscretionary spending on electronics has been down since demonetisation in November 2016.
- Videocon to make Dubai international export hub
Indian durable major Videocon Industries is all set to make Dubai its next global export hub for the Middle-East, Africa, Europe and South ...
- GE may sell appliances unit
General Electric may sell or seek a partner for the unit that makes refrigerators and washers, ending more than a century in an industry th...