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Premiumisation, investments to propel appliances, consumer electronics industry in 2024

The industry is expected to grow around 10% in 2024 as players offer more premium products, cater to rising demand for smart appliances and make more investments after significant business tailwinds this yearNew Delhi: The country's appliances and consumer...

Thomson to invest Rs 200 crore to set up washing machine plant

The company will set up a state-of-the-art plant for semi-automatic washing machinesNew Delhi: French consumer electronics brand Thomson, which is operating in India through its brand licensee Super Plastronics Pvt Ltd (SPPL), on Thursday announced an investment of Rs...

French electronics brand Thomson re-enters Indian market with smart LED TVs

French electronics brand Thomson has announced its re-entry into the Indian market with its range of ‘aggressively priced’ smart LED TVs that will compete with the likes of Xiaomi and Vu.According to a PTI report: The company, whose television...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn

Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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