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Manish Sharma

Consumer appliances makers welcome import duty hike

Consumer electronics and appliance makers have welcomed Government's decision to hike import duty on electronics items like smartphones and television, saying the move will boost domestic manufacturing industry and give a push to the Make in India initiative. According to...

Panasonic eyes 5 per cent share in Indian mobile market

Panasonic aims to capture at least five per cent share in India's burgeoning mobile phone market in the next three years as it strengthens the product portfolio, a top company official said. According to a PTI report: The Japanese tech...

Consumer durable makers eye to to clock up to 40 pc sales growth this festive season

Consumer durable makers expect to clock up to 40 per cent sales growth this festive season by offering freebies and discounts to woo consumers, hoping to put behind the woes they faced in the run-up to GST rollout. According to...

The changing retail landscape of East India

Smoothly riding the crest of Eastern India’s aspiration wave and changing shopping trends in the metros, Tier II and III cities of the region have driven the conventional trader-run stores to morph into more organized, large-format retail outlets. And,...

Run up to GST caused discomfort among trade partners: Durables industry

Consumer durables makers say the run up to GST implementation has caused 'discomfort' among their trade partners who are busy clearing old stock to avoid losses before the new indirect tax regime kicks in next month. According to a PTI...

Panasonic eyes 10 pc share in TV panels by 2017

Consumer electronics major Panasonic is aiming to have 10 per cent market share in the TV panel segment by the end of this year. According to a PTI report: The company, which on Monday strengthened its high resolution 4K TV...

Panasonic opens innovation centre in Bengaluru

Japanese consumer electronics major Panasonic on Thursday opened its first India Innovation Centre (IIC) in collaboration with global software major Tata Consultancy Services (TCS) in this tech hub to develop transformative solutions for its wide range of products. "The Centre...

Panasonic eyes Rs 1,200 cr in revenue from India in 2018

As Japan giant Panasonic turns 100 next year, the company aims for Rs 1,200 crore (US $185 million) in revenue from India, with a renewed focus on connected devices and moving from a product-based approach to a solution-based approach,...

Panasonic eyes 10 pc market share, 30 pc growth in air-conditioner segment in FY 2017-18

Panasonic India on Monday introduced Indias first of its kind air-conditioner with "radiant cooling" technology that allows the cool air to naturally glide along the surface, spreading throughout the room and down the walls, resulting in even and all-round...

Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes

Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms. PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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