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Latest Articles in consumer durables
Markets Remain Stable Amid Weak Global Cues
The Indian benchmark indices closed at day’s high on Wednesday with the Sensex gained 0.26 per cent, at 66,169 and the Nifty closed at 19,728
Read MoreHaier India President Shares Vision To Hit Rs 10,000 Cr Turnover By 2024
Haier plans to invest Rs 1,500 crore by 2025 for backward integration of localisation of components
Read MoreConsumer Durables To See 3-5% Price Hikes Amid Costlier Imports: Industry
Moreover, the depreciating Indian rupee against the US dollar has put further woes on manufacturers as imported components have become costlier, with the industry largely being dependent on imports for key components
Read MoreConsumer Durables Makers Revenue Seen Rising 20% This Fiscal
Operating profitability will be a tad lower due to costlier inputs despite price hikes, though, the report said, adding credit profiles will be stable on healthy revenue accruals and low leverage.
Read MoreZetwerk Manufacturing Records Nearly Three Times Growth In Revenue To ₹949 Cr
Zetwerk’s future growth is supported by an ever-increasing order book of ₹4500 crore thus bringing predictability in business for the rest of the year, said Srinath Ramakkrushnan, chief operating officer, Zetwerk Manufacturing.
Read MoreYour Existing Offerings Just Won’t Cut It
Firms have long segmented customers geographically, assuming that national boundaries reflected important differences in consumer tastes and behavior.
Read MoreConsumer Durables Industry To See Greater Innovation In The New Normal
The exposure to global technologies and lifestyle has created a perception shift, and consumer durables are no longer viewed as utility products, but rather an extension of one’s personality.
Read MoreS&P Lowers India's GDP Contraction To Minus 7.7 % In FY21
A faster recovery keeps more of the economy's supply side intact and can set India up for more prolonged above-average growth during the recovery phase. Uncertainty abounds, but this is good news.
Read MoreIndia's Trade Deficit With China Totalled $48.6 Billion In FY20: Motilal Oswal
Several sectors have material linkages with China, making it important to understand the sector-wise implications.
Read MoreSamsung Further Expands Its Partnership With Benow To Cover TV, Fridge
Partnership with Benow will further strengthen Samsung’s online to offline (O2O) strategy, providing benefits of both offline and online platforms to the consumer.
Read MoreConsumer Durables Industry To Reach $36 Billion by 2023: BCG-Google Report
Approximately 80% of digitally influenced consumers today decide their brand after researching online, in a short window of 2-3 weeks and companies will need to win these consumers to stay relevant
Read MoreSensex Rises 158 Points In Early Trade
Asian stocks notched moderate gains, tracking sizable increases seen on Wall Street overnight also boosted the sentiments
Read MoreOperations To Take 3 Months To Normalise Post GST: Durables Companies
Migration to the new indirect tax regime, they said, is causing discomfort among their trade partners who are busy clearing old stock to avoid losses before the new indirect tax regime kicks in next month.
Read MoreVoltas, Arcelik Join Hands To Invest $100 Million In Consumer Durable
The proposed JVC will leverage the strong brand presence and wide sales and distribution network of Voltas
Read MoreDurable Companies Expect Growth Clip To Return In 2017
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
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