Page 2 - Home Appliances

Flipkart apologises over Women's Day message promoting kitchen appliances

According to netizens, the message reinforced negative stereotypes about women belonging in the kitchen

Dyson V12 Detect Slim review: Validates deep vacuum cleaning with proof

Dyson V12 Detect Slim is capable, but not an alternative to full-fledged vacuum cleaners. In its current form, it makes a good supplementary vacuum cleaner for daily cleaning in a confined space

Wonderchef enters diningware segment; eyes Rs 50 cr revenue in first year

The company, co-founded by celebrity chef Sanjeev Kapoor and Ravi Saxena in 2009, expects to close this fiscal with Rs 400 crore in topline (revenue), a growth of over 40 percent from FY21

BSH Home Appliances aims to be Rs 5,000 crore company by 2026

BSH Home Appliances, which manufactures and sells products under Bosch and Siemens brands, aspires to be a Rs 5,000 crore company in India by 2026 by increasing its market addressability with expansion of product line-up, a top company official said. The company is growing at 25-30 per cent rate and would continue the momentum focusing on categories such as washing machines, refrigerators and built-in appliances, said MD and CEO Neeraj Bahl. Besides, the company is expanding its retail footprint by adding more brand shops and retail partners. "We aim to become a Rs 5,000 crore company by 2026," Bahl told PTI. Though he did not share present sales turnover of BSH Home Appliances, he mentioned that even in 2021, which was heavily impacted by the second wave of the pandemic, it reported 30 per cent growth. "Overall, we are in the right direction and grew almost 30 per cent in 2021. We have almost grown double from 2018 to 2021," Bahl said, adding "this year would also be good for us

Dyson V12 Detect Slim vacuum cleaner with laser tech launched in India

Dyson V12 Detect Slim will be available on Dyson online store and Dyson demo stores from February 7, 2022

Tips on buying the right kind of geyser for your bathroom and kitchen

Electric geysers come in various types, sizes, colours and price points; choose a power-efficient one that's in sync with the aesthetics of your home and has optimal heating capacity

Electronics production in India to reach $300 bn by 2026: Report

Electronics production in the country is expected to reach USD 300 billion by 2026, industry body ICEA said in a report on Monday. The National Policy on Electronics (NPE) 2019 had set a target of achieving a turnover of USD 400 billion by 2025. However, the industry will be unable to achieve the target set by NPE 2019, due to the adverse impact of COVID-19 pandemic on the sector, the report said, adding that "the COVID-19 pandemic brought with it unforeseen and unprecedented challenges." "The NPE 2019 targets for electronics production in 2025-26 at USD 300 billion appears to be more realistic considering the disruption on account of COVID-19 in the past 18 months which has been aggravated with the new variants of the COVID-19 virus such as Omicron," the report said. The India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo while sharing the details of the report said that the reduced target still aims for a 400 per cent increase from the current level, which

Consumer durables prices to go up 5-10% amid rising input costs

Prices of air conditioners and refrigerators have shot up in the new year as consumer durables makers pass on the impact of rising raw material costs and higher freight charges to customers

Microtek plans to invest Rs 500 crore to boost electric product business

Power appliance maker Microtek is planning to invest Rs 500 crore to boost its electric product business over the next one year, a senior company official said on Friday. The company will primarily make investments in research and development and ramping up the manufacturing of its products. "We have crossed Rs 250 crore revenue. We are targeting to cross Rs 400 crore revenue and invest Rs 500 crore in the next one year," Microtek International Deputy Managing Director Saurabh Gupta said. As per industry estimates, the domestic electrical equipment market is expected to grow at an annual rate of 12 per cent to reach around 5.4 lakh crore by 2025, he added. "So, there is an immense potential in the market, which Microtek as an Indian company is very keen to tap," Gupta said. The company at present is engaged in the manufacturing of power inverters, solar solutions, electric vehicle chargers, wires and cables etc. "We will be using this investment in R&D and manufacturing as we wan

Dhanteras glitter dims for consumer appliances firms, automakers

Inflation, second Covid-19 wave, semiconductor shortage major reasons behind tepid sales

Appliances, consumer electronics industry to touch Rs 2 trn worth: CEAMA

The industry needs to become more and more backwards integrated with its manufacturing, strengthen its component base and get price competitiveness

Deals or distress: Consumer goods makers bet on bumper festive sales

Robust growth expected despite shortage of components and the threat of a third wave of Covid-19 pandemic

Consumer durables to see sustained growth over few yrs: Whirlpool India

The consumer durables industry is expected to witness sustained growth over the next few years, according to Whirlpool of India.

Godrej forays into dishwashers; eyes 15% mkt share by end of 2021-22

Godrej & Boyce, the flagship company of the Godrej Group, on Tuesday announced its foray into the dishwashers market and is eyeing 15 per cent market share by the end of this financial year in this segment. The pandemic has upped stress level of consumers significantly. City-based consumers particularly... are juggling their office work with household chores while trying to limit their dependence on domestic help to avoid health risks. This has led to a surge in effort minimising appliances like dishwashers. We believe that this category will continue to see growth even post pandemic as more and more consumers discover the value this product can add to their lives," Godrej Appliances Business Head and Executive Vice President Kamal Nandi told reporters at a virtual press conference. He further stated that the dishwasher segment is at a very nascent stage and the total market size is expected to cross USD 90 million (Rs 667-700 crore) by 2025-26. "We are targeting 15 per cent ...

LG converting smartphone production lines to manufacture home appliances

LG Electronics is fast converting its overseas smartphone manufacturing lines into facilities to make home appliances following its decision to withdraw from the mobile business

Home appliance companies seek a place on the list of essential items

This follows similar demands by smartphone and laptop makers

Appliance firms staring at brief production halt amid lockdown

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

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

Durables players admit that restrictions have hit festive sales

Home appliance, auto firms fear localised lockdowns will hit festive sales

Real estate companies remain optimistic on strong order book

Star MNC: Home appliances major Whirlpool makes a strong comeback

By expanding its product portfolio, adding new markets and widening its retail footprint, the home appliances major has emerged a clear winner