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Haier aims to become second-largest appliances maker in India

The company is also increasing indigenisation, which is a key "thrust area" for the company, where it expects local souring to contribute up to 80% across products in the next two yearsNew Delhi: Home appliances maker Haier is "buoyant"...

Shibashish Roy gets promoted as Croma Deputy CEO

Roy has been working with Croma since August 2021 New Delhi: Croma, the electronics retail chain owned by Tata Digital, promoted Shibashish Roy as the Deputy CEO last week, a social media post by Roy said. Before this Roy held positions...

LG Electronics enters self-laundry service in India, to invest $4 mn in 2024

LG Electronics is planning to open 200 such self-laundry service centres by the end of this yearNew Delhi: Leading home appliances maker LG Electronics India on Wednesday announced its entry into the self-laundry services space, where it is planning...

Croma opens its outlet in Sangli, Maharashtra

Located at the Miraj-Vantmure Corner in Sangli district, it is the brand’s 389th store in India Mumbai: Tata Group-owned consumer durables and electronics (CDE) retail chain Croma has opened its latest outlet in Sangli, Maharashtra, a company official announced on social media....

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...

Haier aims Rs 10,000 cr turnover in next two years

With its strong presence in refrigerators and washing machines, Haier India plans to take lead in air conditioners and TVs as their next biggest growth drivers for the Indian market targeting a turnover of Rs 10,000 crore in the...
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Indo Count signs licensing agreement with US-based Iconix for two brands

Under the agreement, Indo Count will bring two brands, Fieldcrest and WaverlyNew Delhi: Home textile bed linen manufacturer Indo...
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