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Next Retail to hit districts in South

Next Retail, promoted by the Videocon group, is planning to run a pilot project in the southern States to set up stores in districts. These stores will serve as hubs reaching out to towns and cities in each State....

Haier appoints Eric Braganza as President for India Operations

Haier, one of the largest Home Appliances & Consumer Electronics brands, worldwide, announced the appointment of Eric Braganza as President, Haier Appliances India. In his new role as the overall head of India operations, Braganza will oversee sales and...

Survey predicts quantum jump for consumer durables sector

There was good news in the consumer durable goods sector as a survey revealed that it was poised for a quantum leap due to technological improvements, falling prices due to competition, aggressive and innovative marketing, and declining import tariffs.Many...

Maharaja Appliances to make consumer electronic goods

New Delhi based Rs 300 crore consumer electronics manufacturer Maharaja Appliances has chalked out a two pronged strategy to penetrate the consumer market by starting first with small appliances and then going into the white goods segment.As the Group...

There is hardly much directional focus in the budget – R Subramaniam MD Subhiksha

R Subramaniam Managing director, Subhiksha“Compared to 5-7 years ago, expectations from the budget are low these days as most of the macro agenda is already done. Since expectations themselves are low, the scope for much disappointment is not there.However, the...

Reliance Retail’s first consumer durable entity

Reliance Retail is scheduled to launch its first consumer durables outlet in Ghaziabad on March 31, 2007. According to a reliable source, the store will be about 15,000 square feet. The company plans to open four more stores in...

The Gurus and the Gods – Brands and Retailers – Partners or Adversaries

The Gurus and the GodsBrands and Retailers – Partners or AdversariesBy Rajeev KarwalThe Consumer Durables industry, as I define it is inclusive of consumer electronics, entertainment electronics, home appliances-large and small, photographic equipment, IT products, telecom, gaming equipment and...
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Zara debuts at Ahmedabad

The store spread over an area of 27,000 sq. ft. at Palladium Ahmedabad is Zara’s second store in GujaratNew...
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