Mobile companies seek review of duty on parts as imports from Vietnam soar
India has imported mobile phone components worth more than $1 billion from Vietnam — with which India has a free trade agreement (FTA) —in the first half of this fiscal alone, compared to $800 million in the whole of 2018-19 and just over $600 million in FY18, an industry association of companies making handset in India has informed the government.
Panasonic India revenue dips 10% in FY19; company to enter IT infrastructure management
As per Panasonic India’s latest regulatory filings wi...
Chinese, Korean brands kings of Indian electronics market
Industry executives said these companies such as Samsung, Xiaomi, Oppo, Vivo, Realm...
Appliances and consumer electronics industry expected to double to Rs 1.48 lakh crore by FY25
The market is expected to see acceleration in growth on account of surging rural consumption, reducing replacement cycles, increasing penetration of retail, a wide choice of brands and products at various price points. The industry had a total market size of Rs 76,400 crore in 2018-19, in which Rs 32,200 crore was contributed from domestic manufacturing.
New energy label norms: Five-star refrigerators to cost Rs 6,000 more, says CEAMA
The new energy labelling norms may make manufacturing of five-star refrigerators costlier by up to Rs 6,000.
Electronics companies run into entry-level pileup
While premium products like large screen televisions, frostfree refrigerators and fully automatic washing machines did sell in cities and large towns driven by plethora of consumer finance options and price cuts — sales of entry-level products which constitute the belly of the market — were a washout, several manufacturers said.
Consumer electronic companies to step up investment
Companies like LG, Dixon and Super Plastronics also indicated that they will expand their investment for manufacturing capacity and add newer categories for production.
E-shoppers load festive carts with affordable goods
Flipkart and Amazon were expected to rake in a cumulative $5 billion in sales, or gross merchandise value, during the festival sale season as reported by ET.
We will have Swachh Bharat bull market next: Amit Jeswani, Stallion Asset
For next 2-3 years, when you have good quality, good governance and growth, keep chasing those stocks.
Consumer durables' sales grow 9-12% this festive season
Retail chains and brands say consumer electronics' sales has grown by 9-12% this Diwali.
Troll thy enemy, say digi-savvy brands
Companies are not just fighting trolls — they’re also leaning on such efforts to fight competition.
BPL returns to Flipkart to sell consumer electronics
BPL will now sell through both Amazon and Flipkart who together control over 80% of online sales of consumer electronics in India.
Sansui plans to make India a production hub
The Sansui brand is owned by Sansui Acoustics Research Corp whose parent company is Hong Kong-listed Nimble Holdings.
No slowdown in B2B segment; govt orders have revived: LG
LG Electronics India senior director (B2B) R. Zutshi said there is not much slowdown in B2B orders and government purchases.
Flipkart claims strong demand coming from tier-II, III cities for ongoing sales
As consumers from these cities upgrade, they are coming at par with the metros showcasing unique needs and spending patterns across these categories.
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