Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Durables

Oct 14, 2019, 03.45 PM IST
11,341.1536.1
Stock Analysis, IPO, Mutual Funds, Bonds & More
BSH Home Appliances sells one million washing machines in India

The company said it has seen a huge surge in sales from the metro markets in South India and even smaller towns are now buying premium front load washing machines.

Consumer durable firms look forward to festive season for sales revival

Leading consumer durable maker Samsung, is expecting double-digit growth in TV panel market, during this festive season sales.

India to be global production hub for Sansui after corp tax cut

Jaina Group, which has 24 years license for the Sansui brand for India, Bangladesh and Sri Lanka markets, is going to invest around Rs 500 crore for a plant near Gurugram.

Amway aims up to 12% of India business from consumer durables segment

Amway India, as part of expansion of its product portfolio, also announced foray into emerging home air purifier segment and aims to clock sales of around Rs 100 crore in the next 12 to 18 months.

TV prices not to go down in festive season due to duty cut on component

The finance ministry on Tuesday late night issued a notification to scrap import duty on open cell LED panel used in televisions from 5% to zero.

Motorola joins hands with Flipkart to foray into smart TV segment in India

With this, Motorola joins players like Samsung, Xiaomi, Micromax and Intex who sell both smartphones and smart TVs.

White goods cos hope eco booster to push festive sales

Slowdown in the last two months has been a damper despite good monsoon. Retailers meanwhile, are optimistic about the festive season.

Johnson Lifts sets sights on government deals to maintain growth

The closely held Chennai based company has bagged tenders worth ₹250 crore for providing lifts and escalators for multiple phases of the Mumbai Metro project, which is currently under construction.

BSH Home Appliances' Indian MD Gunjan Srivastava elevated as head of BSH Region Asia-Pacific

Srivastava will be succeeded by Neeraj Bahl who takes over charge of the Indian business as it's MD and CEO.

Entry of newer players expanding male grooming market: Philips

Taurani said the increase in competition from entry of newer brands will benefit the category considering penetration is a mere 14-15%.

Tatas want Voltas to be durable, plan to hive off its projects business

Tatas want Voltas to be durable, plan to hive off its projects business

The Move is part of strategy to cut costs, boost efficiency by integrating operations that have synergies.

Summer heat sends sale of ACs, refrigerators soaring

Summer heat sends sale of ACs, refrigerators soaring

Smaller cities, towns see big sales growth, as easy finance also aids demand.

EESL to sell 1.5 tonne 7-star ACs at Rs 41,300

These ACs will be sold through the portal, EESLmart.in, which marks EESL’s foray into e-commerce, an official statement said.

The big picture: TVs watch from the stands as ACs post mammoth total

The big picture: TVs watch from the stands as ACs post mammoth total

For the first time, TV sales have not shown the usual spike during a World Cup, following the rise in spending on ACs.

Large-screen TV sales soar up to 100 pc as World Cup fever grips fans

Large-screen TV sales soar up to 100 pc as World Cup fever grips fans

Consumer electronics makers as Sony, Samsung, LG and Panasonic have reported up to 100 pc jump in sales of large-screen TVs (55-inch and above) compared to the same period last year.

TV sales roll on World Cup pitch

TV sales roll on World Cup pitch

Both e-tailers, Amazon and Flipkart, have seen a spike in the sales of large-screen televisions.

Load More...
1

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

BACK TO TOP