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Appliances industry seeks second round of PLI, rationalisation of taxes

The industry has also asked for reductions in tariffs on imports, which will help to make the products competitive in the global market New Delhi: The appliances and consumer electronics industry on Thursday urged the government to bring the second...

Surfing on wave of premiumisation, appliances industry expects 15% growth in 2025

The shift towards premiumisation is driven by rising incomes, changing preferences towards energy-efficient, and connected products with features such as AI and increasing desire for global quality products New Delhi: The appliances and consumer electronics industry expects 10-15 per cent...

Festive sales: Buoyed by online sales and premiumisation, appliance makers expect up to 30% growth

The expectation is followed by double-digit booster from online sale events of  e-tailers Flipkart and Amazon and an expected final thrust from offline channels during Dhanteras week New Delhi: The appliance and consumer electronics industry expects around 30 per cent...

American appliances and electronics giant Admiral to enter India

The company is partnering with Flipkart and will launch 26 SKUs on the e-commerce platform Bengaluru: American multinational appliances and electronics company Admiral is entering the Indian market in collaboration with homegrown e-commerce company Flipkart, a top company official told...

Revenue of organised electrical, kitchen appliances industry to grow by 8-10 pc this fiscal: Report

According to a report, it is expected that the revenue of organised electrical and kitchen appliances industry will grow 8-10 per cent in this financial year Mumbai: With growing consumer preference for branded products, the revenue of organised electrical and kitchen...
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UPI transactions hit record high of Rs 25.14 lakh crore in May

In terms of volume, 1,867.7 crore transactions were done in May against 1,789.3 crore in the previous month New Delhi: Transactions...
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