Consumer durables

Croma opened its latest outlets in Panipat, Lucknow and Jaipur

The Panipat store is the brand’s first in the town, the Lucknow store its fifth in the city and the one in Jaipur its third in the tourist hub New Delhi: Consumer durables and electronics (CDE) retail chain Croma opened three...

Amway enters consumer durables segment with premium cookware range launch

The largest direct marketing company Amway India on Monday announced its entry into the consumer durables space with a premium cookware range under the label of Amway Queen. According to a PTI report, Amway India sells over 130 products across nutrition, beauty,...

Consumer Durable companies foresee growth to prove 2017 profitable

With a 'fairly profitable' year of 2016, the consumer durable industry is looking forward to maintaining the momentum by cashing in on GST, likely to be rolled out in 2017, and overcome the short-term issues thrown up by demonetisation. According...

Consumer durables not a luxury item; GST rate should be 18 per cent, says CEAMA

Consumer electronics manufacturers’ association has urged the government to bring refrigerators, washing machines and other electronics of daily use in the 18 per cent slab rate under the goods and services tax (GST) regime, as opposed to the 28...

4 GST slabs may make oil, chicken expensive; TV, air conditioner cheaper

The recently proposed 4 slabs GST structure may hit the common man as it is likely to result in higher taxes on various items including kitchen staples such as edible oils, spices and chicken, as per a PTI report. However,...

4 GST slabs planned, consumer durables, FMCG face 26 pc levy

The Goods and Services Tax (GST) Council, at the end of Day One of its meeting on Tuesday, decided on the issue of compensation for states, Finance Minister Arun Jaitley told reporters. "One main issue in today's (Tuesday) agenda was...

Among durables, Indians spent the most on vehicles : NSSO data

According to new data released by the National Sample Survey Office (NSSO), vehicles accounted for the highest share of the amount Indian households spent on consumer durables in 2014-15. The study named, 'Key Indicators of Household Expenditure on Services and...

Intex stores strive to take retail to a whole new level

At a time when big-ticket retailers are scrambling to grab a share of the online pie, and rolling out robust Omnichannel strategies, homegrown handset maker Intex Technologies went back to the basics and decided to strengthen its distribution network with offline branded...

Godrej looks for more acquisitions in Indonesia

FMCG major Godrej Consumer Products Ltd (GCPL) is eyeing an inorgranic growth in Indonesia via acquisitions strategy. The company has also shared 'a wish list of assets' with various investment bankers for the same. GCPL had already acquired Indonesian household product major...

Reliance Digital goes for image makeover

Reliance Digital, the consumer durables and electronics arm of Reliance Retail, has embarked on a remodelling exercise to provide customers with a well differentiated value and experience. As part of the exercise, all Reliance Digital stores, including existing and...
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Retail: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current Budget that will have a bearing on retail businesses New Delhi: Union...
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