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Manish Sharma

Appliance sales spurt 30 pc in Navratri season; e-commerce contribution rises

Appliances and consumer electronics companies have reported high double-digit growth in sales during this Navratri season, with e-commerce platforms seeing good traction as shoppers opt for contactless buying. According to a PTI report: Leading manufacturers like Sony, LG and Panasonic...

Appliances, consumer electronics industry hopeful of robust sales this festive season

The appliances and consumer electronics industry is expecting double-digit growth in sales in the upcoming festive season, which will be further supported by absence of domestic helps and people working from home, according to industry body CEAMA. According to a...

Panasonic India resumes sales in the country

Panasonic India, a diversified technology company, announced that it has resumed sale of its products where allowed as per Govt guidelines. Starting this week, all Panasonic products are available on online platforms - Amazon, Flipkart and offline stores in...

Hike in custom duty may impact coming festive sales, consumer durable industry

Hike in custom duty to 10 percent on compressors, used for air conditioners and refrigerators, can be a 'set back and may have an impact on the coming festive season sales, according to the consumer durable industry.According to a...

Panasonic India eyes Rs 12,300 crore revenue in FY2018-19

Japanese consumer electronics major Panasonic is aiming for revenues of Rs 12,300 crore in India this fiscal, driven by its refrigerator and TV businesses. Panasonic India reported revenues of about Rs 10,500 crore in the previous financial year.The company also expects its B2B business to...

TV makers to hike prices up to 7 percent

Leading TV manufacturers like Sony, LG, Panasonic and Samsung are set to increase prices of their LED/OLED sets by up to 7 percent to offset impact of increase in customs duty.According to a PTI report: Some of them are...

Panasonic to consider extending portfolio under Sanyo brand

Consumer electronics maker Panasonic is considering extending product portfolio under its Sanyo brand by introducing air conditioners in the coming summer season, a top company official said.According to a PTI report: Panasonic is pushing Sanyo as a 'niche brand'...

Budget Special: Home appliance makers bat for manufacturing incentives

Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the Government to lower taxes, give incentives to local manufacturing and increase customs duty on imports.According to a PTI report: Besides, the ACE (Appliances...

Consumer durables makers seek import duty on imported items

Consumer durables and home appliances makers have asked the Government to double custom duty to 20 per cent on imported products such as washing machines, refrigerators and air conditioners to encourage domestic manufacturing.According to a PTI report: The Consumer...

Foodservice trends to look forward to in 2018

India today is one of the fastest growing economies in the world and is on its way to becoming a US $3.8 trillion dollar economy by 2021.The country’s economic dynamics are playing out in force and the imprints are...
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Yousta opens first high-street store in Mumbai

Yousta recently opened a store at Phoenix Marketcity, Viman Nagar in Pune, its second in the city New Delhi: Reliance...
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