They might have made little headway in the market so far, but leading Chinese consumer electronics companies are busy drawing up big plans to expand their footprints in India. After acquiring Anchor Daewoo's appliance business last year, Haier is on the prowl for some local brands. TCL is getting ready to expand its product range to mobile phones and home appliances.
Sales of refrigerators were higher this year versus last year.
Electronics and white goods manufacturers such as Videocon, Spice, Usha and Mirc Electronics have begun engaging the services of Independent design houses to take on the likes of global giants including Nokia, Sony Ericsson and LG in the mobile handset space. An IDH conducts research and development and designs handsets to enable Indian telcos launch their own mobile handset brands. It takes an upfront one-time fee for the purpose.
Sunil Nayyar moved to India as head of sales for Sony.
The festive season, which usually starts from September, is when 35 per cent annual sales get transacted for most durables firms.
Jammu and Kashmir has been without an assembly since November 2018 when the then legislative assembly was dissolved by then Governor Satya Pal Malik after the People's Democratic Party-Bharatiya Janata Party coalition government fell apart earlier that year.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
Gujarat has topped with a score of 71.14% on ease of doing business list.
Dell emerges the most attractive among technology players.
The Korean major, as part of its rural push, has begun an "attack district" project with focus on 80 key districts to increase sales of its TVs, refrigerators and washing machines
Consumer Electronics and Appliances Manufacturers Association Consumer has also welcomed the move saying the it would improve the sentiments and strengthen the growth.
Delivering a double whammy to the International Cricket Council, with which South Korea's LG is ending a sponsorship deal, another electronics firm Samsung has said it was more keen on sponsoring the Olympics.
India has been opposing the pact as ITA will only benefit the country when its domestic manufacturing is robust.
From OnePlus' Concept One smartphone to the Microsoft Xbox Series X, Khalid Anzar lists the top 6 gadgets we can look forward to in 2020.
The foremost lesson is that technology has got commoditised.
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
Recently, Apple did two things differently. First, it entered video streaming sector with cheaper options and second it has opened up its OTT service for non-Apple users too.
'We have had 27 years of liberalisation and in the same period Korea and Japan and China transformed themselves forever,' says Aakar Patel.
Today, Vachani's public-listed company, Dixon Technologies, has gone beyond manufacturing just television sets. Armed with private equity funding from Motilal Oswal eight years ago, it has transformed itself into a Rs 4,400 crore electronic manufacturing services major, which now straddles lighting products, home appliances, feature phones, LED bulbs, amongst others. A two-part series looks at how two home-grown manufacturers are leveraging the govt's production-linked incentive scheme.
Industry body to write to commerce ministry, seek regulation for e-tailers.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
Stock clearing to rain discounts on consumers in June ahead of GST rollout.
Most companies were working on Rs 65-66 to a dollar.
For India to be atmanirbhar, domestic manufacturers cannot remain merely assemblers of imported parts. Manufacturing in India cannot survive on support of imports forever.
Experts say launches would pick up pace from mid-March.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
An old consumer electronics warhorse looks to leverage its past.
We tell you why you should consider buying one of these top 5 smartphones this Diwali!
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.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
The two new Pixel phones are finally available in India.
India was the flavour of the year, at least in the FMCG sector, as multinationals hiked stakes in their subsidiaries lured by long term potential of the country, while homegrown executives made their way to top hierarchy of global firms in 2013.
With image quality that is top-notch coupled with outstanding audio, the smoothness of the Sony Bravia OLED A8F gives quite a satisfying experience, says Aparna Banerjea
Videocon launched an app-powered air conditioner.
Spends by e-commerce players have now touched Rs 1,000 crore.
'The Chinese outdid them in the price game and turned the competitive dynamics at the lower end of the handset market from price to value.'
These risks are viewed as more acute in the online world.
Lenovo, Xiaomi, Vivo, Gionee lead the onslaught, beating Indian and global brands with smart deals and astute image management measures.
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