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CONSUMER APPLIANCES GROWTH
Buoyant Q2 demand for consumer goods lifts festive sales outlookConsumer demand in India saw significant growth during the July-September quarter, particularly in appliances and FMCGs. Sales of air condi...
Kitchen appliance startup EDT raises $2.4 million in funding led by Sauce VCThe round also saw participation from venture debt firm Alteria Capital, Raul Rai, co-founder of Nicobar, Shibam Das and Arindam Paul of At...
Nearly 80% of Indian home shoppers discover products through social media: DeloitteA recent report highlights that nearly 80 percent of home shoppers in India discover products via social media. The home and household mark...
New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock marketFor decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credi...
Behind bigger price tags hides a fault line in India’s growth storyIndia’s consumer durables face a third price hike in 2026 as copper, steel, aluminium, resin, logistics and energy costs surge. LG, Daikin,...
Festive shopping gets costlier as brands plan to hike AC, TV and appliance prices from October 1Consumer electronics and appliance manufacturers in India will increase prices of products by 5-8% starting October 1. The rise in prices i...
Costly Diwali: Appliance makers set to serve up another price shockLeading manufacturers such as LG, Samsung, and Daikin are raising prices of consumer appliances by 5-10%. This increase is attributed to ri...
Horoscope Today, September 28, 2026: Capricorn Could Find Property Opportunities, Aquarius Gains Through Sales and Pisces Rethinks Money PlansThe Moon shifts into dynamic Aries while Mercury and Venus align in Libra today, bringing long-term asset security, active marketing outrea...
India’s consumer durables market may reach Rs 3.25 lakh crore by 2030: BCG-CII reportIndia's consumer durables market is anticipated to achieve substantial growth, reaching Rs 3-3.25 lakh crore by 2030. Increased household p...
India’s consumer durables boom has a Rs 50,000 crore localisation opportunity: ReportIndia's consumer durables market is expected to grow by 8-10% annually, reaching INR 3-3.25 lakh crore by 2030. Localisation presents a sig...
VCs work up an appetite for new-age kitchen startupsInvestors say kitchen brands are witnessing the premiumisation trend seen in categories such as beauty, mattresses, furniture, and home app...
India’s big upgrade wave: Rs 1 crore+ homes, premium cars, Swiss watches & pricier phonesPremiumisation trend is spreading beyond affluent urban consumers, with households upgrading across homes, cars, travel, smartphones, appli...
VCs hungry for kitchen startups; Vala Afshar’s blueprint for India’s AI futureHappy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitchens. This and more in today’s ETt...
Weak core show takes a big toll on Samsung India as net profit plunges 36% to ₹7,228 cr in FY26Samsung India reported a 36% drop in net profit driven by declining smartphone sales and increased costs. Revenue from operations experienc...
India’s young consumers are giving Samsung’s AI appliance bet a big boostSamsung sees significant AI appliance growth in India, driven by younger consumers. Connected Samsung appliances in India saw a nearly nine...
GST cuts, lower prices put dishwashers on Indian kitchen mapsDishwasher sales are rapidly growing in India after recent GST rate reductions. Manufacturers have adapted machines for Indian cooking, boo...
AI in Indian homes: Samsung sees 30% growth in SmartThings users, makes Knox its security pitchSamsung sees significant growth in its Indian SmartThings user base. Consumers are increasingly adopting AI-enabled appliances for home man...