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Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, said, "We believe that the growth will be above such conservative estimates as 8 per cent growth is becoming a new normal for India"
Zee Media sent a letter to the TV viewership measurement company on Friday evening, said sources
We are leveraging the PoPs for our global media network inter-connection
Vu Store went live on December 1, and is housed in a new retail business called VU D2C Private Limited
Prices of LED TVs are set to rise further from April as the cost of open-cell panels has gone up in the global markets
The global TV shipments from the top 15 TV brands dropped 2 per cent on-year to 38 million units in the April to June period, the report showed
The new plant would be used to develop and test Android TV products so as to reduce dependency on other countries, a company statement said
The government on last Thursday imposed restrictions on TV imports, a move aimed at promoting domestic manufacturing and cut inbound shipments of non-essential items from countries like China
Xiaomi, OnePlus, TCL, and Realme also hit by component price hikes
The appliances and consumer electronics industry is projected to double to Rs 1.48 lakh crore by 2024-25, according to a report. The market is expected to see acceleration in growth on account of surging rural consumption, reducing replacement cycles, increasing penetration of retail, a wide choice of brands and products at various price points, it added. The industry had a total market size of Rs 76,400 crore in 2018-19, in which Rs 32,200 crore was contributed from domestic manufacturing, according to the joint report by CEAMA and Frost & Sullivan. The report is based on product categories, which include air conditioners, refrigerators, washing machines, television (TV) and audio. "The overall market size of the five categories covered in this project for the year FY19 is 76,400 crore and the market is estimated to grow at a CAGR (compound annual growth rate) of 11.7 per cent till FY25," the report said. It also suggests that domestic value addition for "ACE (appliances and ...
The move will help television manufacturers cut prices by up to 3.5%
Smart TVs have pre-installed OTT apps and other offerings which serve as a distribution channel for OTTs and earn revenues for the TV brands