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Consumer durables industry seeks excise duty cut

Industry body CEAMA has sought reduction in excise duty on consumer durables in the forthcoming Budget to help the sector combat demand slowdown. CEAMA believes that, the recent rollback of......

CEAMA seeks incentives to boost enterprises growth

Consumer electronics industry body CEAMA has asked the government to incentivise investment proposals of over Rs 1,000 crore (Rs 10 billion) in the sector to boost small and medium enterprises.'We......

Pay hike brings cheer to auto sector, consumer durables

Maruti Suzuki is eyeing an over 25 per cent growth in sales to government employees.     Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their......

Delayed monsoon: Cheer for some, bad news for FMCG

Sales of refrigerators were higher this year versus last year. Anirudh Dhoot, director, Videocon Industries, is a happy man these days. He says the 2016 summer season has been the best in three......

Durables firms to petition govt over e-commerce discounts

The country’s top consumer durables companies like LG, Samsung, Sony and Videocon are in the process of writing to Commerce Minister Nirmala Sitharaman against deep discounts being offered by......
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Boom Time Is Back

There is a lot of euphoria at the New Delhi headquarters of consumer electronics giant LG. Over the last few months, the company has been preparing... ...
Consumer durable companies confident of buoyant sales this festive season

A consumer electronics and appliances body says that business is likely to increase by 15-20 per cent this festive season. Customers exit Croma,... ...
a look at what's in store for India's consumer economy

A plentiful monsoon, the promise of a record summer crop, generous pay raises for government employees and low inflation have set the stage for... ...
TVs to cost more as display panels get expensive

While Panasonic has already increased prices of its sets, Videocon, LG and Sony are monitoring the situation as panel prices have gone up by up to... ...
Consumer durables makers look to cash in on festive season

Consumer durables makers are gearing up for a bumper festive season ahead, expecting sales to spike by up to 35 per cent on the back of good... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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