Xiaomi now a lifestyle player, quietly launching a slew of non-smartphone products like Mi branded luggage, backpacks, apparel, U-shaped pillows, pens, home security cameras and air purifiers.
Industry estimates suggest that the extent of value addition in the handset space remains at a mere 10 per cent. That effectively means, value-wise 90 per cent of all components used in making a handset continues to be imported.
Almost 40 per cent of a durable company's sales are achieved during the festival season
The estimated 10 per cent average hike in 2019 is at par with the actual rate of increase in the previous three calendar years in India
As 4G internet completes coverage of the entire country, rural markets have become the primary generator of sales.
With launch of second plant in Gujarat, company gets ready to take on peers
PepsiCo is now betting aggressively on Kurkure, as its offering goes more and more local in its branded snacks.
Patanjali's packet milk to be lower than competitor brands by Rs 2 a litre
Costlier offers, high import duties and a realignment of its business and distribution continue to dent iPhone sales in India in 2018
The reason for digital and IT interventions increasingly being adopted is not just the change in ways commuters move but also the mode on which this transport moves, says Jyoti Mukul.
Samsung is betting on core capabilities like R&D to stay prepared for the new wave of technologies like 5G and IoT (internet of things).
Growth numbers for the large players in the sector, though, improved during the quarter.
Once the darling of consumers, the April-June sales figure for Apple is a historic low. This has coincided with Chinese player OnePlus taking top spot in premium smartphones with a share of 40 per cent and Samsung slipping to second position at 34 per cent in April-June.
The five-year-old Chinese brand's assent to the summit comes after a year of astounding rise -- often growing by over 200 percent a quarter, reports Arnab Dutta.
PepsiCo India spokesperson said fake news suggesting Kurkure has plastic in it has affected the brand's reputation
While consumers will be paying a higher upfront cost for smart metering, the share in the efficiency gains could more than offset this higher spend
A fleet of cutting-edge premium handsets have been lined up by OnePlus, Google, Huawei and Nokia.
While the November 2017 round of rate revisions saw mainly eating joints unwilling to pass on GST benefits, this time round, sanitary napkin makers, TV manufacturers and even paint companies have said passing on GST benefits is not a feasible exercise.
The study also found that most GM foods did not disclose the fact on the label. "A few also made false claims of being GM-free," the study by CSE said.
Fridge, washing machine, and paint makers are expected to cut prices shortly, while TV, aircon, and sanitary napkin makers are a disappointed lot
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