Haier has expanded its television portfolio in India with the Mini LED M70 series, bringing premium display technology, gaming-focused features and smart connectivity to a range of screen sizes.
Haier's new HQLED P7 Pro series aims to meet higher expectations from TVs with a blend of advanced display technology, AI-powered enhancements, gaming-focused features and seamless connectivity.
Leading appliance and consumer electronics manufacturers are set to increase prices of air conditioners, LED TVs, washing machines, and other products by 5 to 8 per cent from October 1, citing rising input costs for metals like copper and steel, crude derivatives, and currency exchange volatility due to the West Asia crisis.
Haier's latest H5E range arrives in four sizes: 43-inch, 50-inch, 55-inch and 65-inch.
As lower GST rates take effect on Monday, sales of air-conditioners, TV sets surged dramatically with buyers rushing to grab cheaper deals offered by retailers at the beginning of the Navratra festival.
Prices of televisions are expected to rise by 3-4 per cent from January next year on account of the rising cost of memory chips and depreciation of the rupee, which recently crossed the 90-to-a-dollar mark for the first time.
Panasonic India is set to increase the prices of its products by up to 7 per cent, while some others players have already increased it.
A few days ago, Reliance Retail surprised the market by acquiring the Campa brand from Delhi-based Pure Drinks Ltd for Rs 22 crore. A successful cola brand in the eighties, especially in North India, Campa Cola thrived when Coke exited India in the late seventies. When the Atlanta-based major returned and PepsiCo set base in India, it went down fighting.
Fridge, washing machine, and paint makers are expected to cut prices shortly, while TV, aircon, and sanitary napkin makers are a disappointed lot
This growth seen by the consumer goods was led mainly by the durables market, which rose 17.6%, the highest in 11 months
