The added burden on manufacturers for recycling e-waste is expected to impact their margins, which may further lead them towards hiking prices of other items
The growing middle class and a youth-driven economy will further increase penetration of white goods in local households and have potential to open up 150,000 additional jobs by 2024-25
While the end of the current festival season is less than a fortnight, most large-scale manufacturers are yet to register healthy growth in primary sales
Leading consumer durable maker Samsung, is expecting double-digit growth in TV panel market, during this festive season sales
Adi Godrej and ITC Chairman Sanjiv Puri were in Delhi this month to meet Finance Minister Nirmala Sitharaman as part of an outreach programme to tackle the slowdown
The collections had shot up that year because people regularised their unaccounted income by paying higher levies
Centre wants to curb import of these items as CAD inches towards 3% of GDP in Q2FY19, from 2% in Q3FY18
According to IDC, Transsion retained its position as one of the top five smartphone sellers in the country as its offline-focused TECNO branded phones grew by 26 per cent
Price hikes continue mainly because of higher Customs duty on appliances
The trend, experts said, is expected to stay as higher disposable incomes and lower penetration of durable products in India drive diverse players to explore the market
Like others, Sony is also closely watching the situation and will take any decision at an appropriate time
Grey market operators, Singh maintains, can take advantage of the current dual GST rate structure, since TVs above 68 cm continue to be taxed at 28%
Offline stores are unable to attract consumers, while e-tailers clocked sales of Rs 9,000 cr during Sept
JV to set up production plant in India to make products such as refrigerators, washing machines, etc
Titan Company, Symphony and PC Jeweller from the index were up more than 3% each on the BSE.
In past five trading sessions, the S&P BSE Consumer Durable index tanked 13.7% against 4.3% decline in the Sensex.
After two years of mixed to subdued sales, 2016 is turning out a bumper one of sorts for durable makers