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Consumer durables

Fonebox Retail aims to open 25 stores in Maharashtra

The Ahmedabad-headquartered multi-brand retailer presently has 181 stores in GujaratBengaluru: Gujarat-based mobile and consumer durables retailer Fonebox Retail Ltd. has forayed into the state of Maharashtra with plans to open over 25 retail stores, the company announced on Friday.The...

Rise in value-seeking customers, key FMCG sectors face tampering of growth: Report

A large section of customers across sectors reported that replacement purchases would be a significant driver for purchases in FY25New Delhi: Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth,...

No reduction in consumer market frauds despite regulatory changes: KPMG in India survey

KPMG in India conducted a survey with more than 75 experts from the finance/ compliance domain in various organisations in the consumer markets sectorNew Delhi: The majority of the respondents feel that there has been no reduction in...

51% of buyers frustrated by poor customer service: Report

51% of respondents highlighted poor customer service as the leading issue concerning kitchen appliancesNew Delhi: Brands dealing in consumer durables must constantly upgrade their systems to resolve consumer complaints quickly and effectively. However, this is not the norm,...

Budget: Focus on housing to boost sales of consumer durables in rural markets

Consumer durables and home appliances industry is expecting a boost in rural demand with the government's push for infrastructure and plan to build 2 crore homes in rural areas in the next five yearsNew Delhi: The consumer durables...

Mahindra Logistics expands warehousing capacity in Nashik

The company said it inaugurated a 1 lakh sq. ft. unit at its existing multi-client warehouse in NashikNew Delhi: Mahindra Logistics Limited on Monday said it will develop a new 3 lakh sq. ft. warehouse in Nashik where the...

Indian consumer spending likely to be higher this festive season: Report

Deloitte's ConsumerSignals research said that about half of the participants believe they can effectively handle significant unexpected expenses in the near futureNew Delhi: Indian consumer spending is expected to be higher this festive season, on the back of increasing...

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...

‘We were the first to offer EMI, not Apple’

Subhash Chandra, Managing Director of Bengaluru-based Sangeetha Mobiles speaks about the company’s many firsts, its plans and the dark side of the smartphones business New Delhi: What if the prices of the smartphone you bought less than a week ago...

Boat touches Rs 4,000 crore net sales mark for FY23

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...
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HUL to sell water purification business Pureit to AO Smith India

AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024New Delhi: Hindustan Unilever Ltd....
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