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Consumer durables

Tech & durables see 13% value growth in festive season: NielsenIQ

The sales during the combined period of the week of Diwali and the week prior between 21 October to November accounted for 60 per cent of the festive saleNew Delhi: The tech and durables (T&D) sector witnessed a 13...

India tablet PC market grows 46% in July-September; iPad leads with 34% share

According to the report, tablets in the price range of Rs 20,000-30,000 saw a significant 108 per cent YoY increase, highlighting a shift towards premium deviceNew Delhi: India's tablet PC market grew 46 per cent annually in the July-September...

India’s consumer durables market poised to be world’s 4th largest by 2027: CII

"From finished goods as well as development of an indigenous component ecosystem, with the right focus on domestic scale, India's prospects of becoming a global manufacturing powerhouse holds great promise," said B Thiagarajan, chairman, CII National Committee on Consumer...

The goal is to make Daewoo a household name in India once again: HS Bhatia, India MD

HS Bhatia, Managing Director, Daewoo India speaks about the South Korean brand’s goals and strategy for its second innings in IndiaThere has been a rise in demand for all things Korean in recent years—K-Pop, K-Food, K-Beauty. However, India has...

Havells India Q1 net profit up 42% at Rs 407.51 crore

The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscalNew Delhi: Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in...

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...
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Digital Icon : Nitin Malhotra

With over 20 years of experience in the consumer goods industry, Nitin Malhotra is recognised for his expertise in...
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