Page 3 - Consumer Electronics

Appliance firms staring at brief production halt amid lockdown

Panasonic set to shut its Jhajjar plant for a week starting Monday

Panasonic aims to double AC business in next 3 yrs, invest in manufacturing

Consumer electronics major Panasonic India is aiming to double its residential airconditioning business in the next three years as it is betting big on new cutting age technologies

Kunal Shah backs OnePlus co-founder Carl Pei's consumer electronics company

Carl Pei, the Swedish tech entrepreneur, is working on a stealth project that he plans to unveil this month

Warburg Pincus puts $100 million in Indian consumer electronics firm boAt

US private equity firm Warburg Pincus has invested about $100 million in India's boAt, the consumer electronics firm said on Wednesday

LTC scheme: Consumer electronic players eye boost in festive demand

The government's LTC Cash Voucher Scheme and Rs 10,000 festival advance to its employees will provide more liquidity to the customers for spends and boost demand

Lenders to consider Videocon promoters' application for debt resolution

If the lenders agree to the proposal made by VIL's promoters, then it will be one of the first big ticket debt resolution by the lenders via Section 12A of the IBC

Consumer electronics industry hopeful of robust sales this festive season

Sony has consumer promotion offers for Durga Puja and Diwali, which are just around the corner and is hoping "such positive growth momentum" will be sustained throughout the festive season

Govt's ambitious call: Making electronics sector worth $400 bn by 2025

The first of a two-part series analyses the feasibility of goals set for electronics manufacturing

The new essentials: A peek at best-selling vacuum cleaners and dishwashers

It is no wonder that gadgets that can help ease the pressure are in hot demand

Making self-reliance work for India

For self-reliance to be effective, the country must reduce protection and invest in exports and learning

Semiconductor assembly majors plan to set up manufacturing units in India

If the current talks with the ATMP big boys fructify, it will be a major step for the country.

Sony India starts advanced booking for home audio-video products

Under its 'Stay Home, Stay Safe' programme, Sony is offering discounts and special price offer on its products

Emerging patterns: Businesses that will suffer, or survive, after Covid-19

Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Some answers

GST rates and the medical devices industry

Let us use the GST rate regime to build up a strong domestic industry in sectors like pharmaceuticals and medical devices that can play to our strengths in labour-intensive production

Appliances, consumer electronics makers suspend manufacturing till March 31

Consumer electronics and appliance makers like Samsung, LG, Panasonic and Godrej Appliances have suspended manufacturing till March 31 amid lockdown in several states to contain the spread of coronavirus infection. These organisations will review resumption in production around March 31, depending on further directives from the governments at that time. South Korean major Samsung, which manufactures a range of products like mobile phones, refrigerators and washing machines, has suspended operations at its Noida and Chennai plants. "As a measure to safeguard our employees and their families against Covid-19 and in compliance with directives from the government, we have decided to currently suspend our manufacturing operations and have asked employees at our sales, marketing and R&D offices across India to work from home, Samsung India Head Corporate Communications Partha Ghosh said. There is a complete lockdown in 19 states, all Union Territories and some parts of six states due to

In a major boost to electronic giants, SEZs clear local sourcing test

While 100 per cent foreign direct investment (FDI) is allowed in single-brand retail, if the foreign investment exceeds 51 per cent, the 30 per cent mandatory local sourcing norm kicks in

Budget 2020: Appliances, consumer electronics sector seeks tax relief, sops

Finance Minister Nirmala Sitharaman is scheduled to present the Budget for financial year 2020-21 on February 1.

CES 2020: LG to unveil televisions with 8K resolution, AI voice assistant

The new TV models are additions to LG's existing 88 and 75-inch screen sizes in its OLED and NanoCell TV lineup

Appliances & consumer electronic mkt to double to Rs 1.5 trn by FY25: CEAMA

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 ...

Chinese electronics brand Haier looks for glamour away from the spotlight

With three women sportspersons as endorsers, the Chinese consumer electronics brand is tapping into the appeal of underdog branding