CDIT Industry
Consumer Durables & IT
EESL to launch retail shops to distribute energy-efficient products
PTI -
The franchisee shops called 'Urja Dakshta Dukan' will offer energy-efficient products like LED lights, ACs and fans to consumersNew Delhi: State-owned Energy Efficiency Services Ltd. (EESL) will soon introduce retail franchisee shops called 'Urja Dakshta Dukan' which will offer...
Consumer Durables & IT
Xiaomi India profit plunges 77 pc to Rs 239 cr, revenue dips to Rs 26,697 cr in FY23
PTI -
Xiaomi's revenue from operations declined by about 32 per cent to Rs 26,697 crore in FY23 from about Rs 39,100 crore in FY22New Delhi: Chinese smart device maker Xiaomi Technology's profit in India nosedived 77 per cent year-on-year to...
Consumer Durables & IT
Premiumisation, investments to propel appliances, consumer electronics industry in 2024
PTI -
The industry is expected to grow around 10% in 2024 as players offer more premium products, cater to rising demand for smart appliances and make more investments after significant business tailwinds this yearNew Delhi: The country's appliances and consumer...
Consumer Durables & IT
CDIT continues to click for malls
CDIT is still an important category for shopping centres, contributing to a substantial amount of footfall, traffic and variety
New Delhi: Croma, Indian retail chain of consumer electronics and durables by Infiniti Retail launched more than 50 outlets in last...
Consumer Durables & IT
Import curbs on laptops, tablet will boost local manufacturing: Industry players
PTI -
The government imposed import restrictions on laptops, tablets and certain types of computers with immediate effect for security reasons and to promote domestic manufacturingNew Delhi: The government's decision to impose import restrictions on laptops, tablets and certain types of...
Consumer Durables & IT
Boat touches Rs 4,000 crore net sales mark for FY23
PTI -
The company has made significant investments in the local Indian manufacturing ecosystem, with most of its audio and wearables products now being manufactured in IndiaNew Delhi: Audio and wearables brand Boat on Thursday said it has reached a net...
Consumer Durables & IT
OnePlus unveils first experience store in Thiruvananthapuram
The newly launched OnePlus experience store is located at M.S. Mall, Thampanoor road, Thiruvananthapuram
Bengaluru:Â Technology brand OnePlus launched its first experience store at Thiruvananthapuram in Kerala on Tuesday, the brand announced in a press release. Spread across 1,000 sq. ft....
Consumer Durables & IT
Croma opened over 20 stores in Jan-March 2023
Today the company operates over 315 stores in more than 100 cities across India
Bengaluru: Croma, a consumer durables and electronics (CDE) retail chain run by Infiniti Retail Ltd. has opened over 20 stores in three months between January-March 2023,...
Retail
Fast changing consumer preferences
India is witnessing a transformation in consumer behaviour and preferences today. The fast growing CDIT retail market, currently valued at `1,50,000 crore, is also evolving in terms of fast changing consumer landscape. The CDIT industry, which is currently growing at the rate of 15–17...
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Latest News
Swiggy ‘very well positioned’, eyeing organic growth for Instamart: Rohit Kapoor
The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will open for public subscription...
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