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AC makers clock two-fold jump in sales in May amid scorching summer

Leading brands like Voltas, LG, Daikin, Panasonic, and Blue Star witnessed robust sales in MayNew Delhi: A blistering summer has led to an almost two-fold jump in sales of air-conditioners in May even as leading manufacturers have been grappling...

Ankur Shiv Bhandari: The Global Voice of Shoppers

In Ankur Shiv Bhandari, managing director of the UK-based The Asbiverse Group, we find not just a seasoned professional but a visionary leaderAnkur Shiv Bhandari stands tall as an influential figure in the global retail landscape, representing the...

AC industry expects double-digit growth, over 11.5 mn unit sales this season

The sale of energy-efficient 5-star inverter-technology-based models will have a higher contribution from metro cities and other big marketsNew Delhi: The sale of air conditioners has seen a relatively slow start, contrary to expectations, but manufacturers remain confident of...

Panasonic India aims 14% revenue growth in FY24; to expand product portfolio

The company is expecting this current financial year to end with a revenue of Rs 11,000 crore with double-digit growthNew Delhi: Appliance and consumer electronics maker Panasonic Life Solutions aims to achieve a 14 per cent revenue growth in FY24,...

Appliance sales spurt 30 pc in Navratri season; e-commerce contribution rises

Appliances and consumer electronics companies have reported high double-digit growth in sales during this Navratri season, with e-commerce platforms seeing good traction as shoppers opt for contactless buying. According to a PTI report: Leading manufacturers like Sony, LG and Panasonic...

Appliances, consumer electronics industry hopeful of robust sales this festive season

The appliances and consumer electronics industry is expecting double-digit growth in sales in the upcoming festive season, which will be further supported by absence of domestic helps and people working from home, according to industry body CEAMA. According to a...

Panasonic India resumes sales in the country

Panasonic India, a diversified technology company, announced that it has resumed sale of its products where allowed as per Govt guidelines. Starting this week, all Panasonic products are available on online platforms - Amazon, Flipkart and offline stores in...

Panasonic appoints Vivek Sharma new MD for Indian electricals business

Anchor Electricals Private Limited, a wholly owned subsidiary of Panasonic Corporation has announced the appointment of Vivek Sharma as the company’s new Managing Director to spearhead its electricals business.In his new role, Sharma will be responsible for driving the...

Panasonic to consider extending portfolio under Sanyo brand

Consumer electronics maker Panasonic is considering extending product portfolio under its Sanyo brand by introducing air conditioners in the coming summer season, a top company official said.According to a PTI report: Panasonic is pushing Sanyo as a 'niche brand'...

Budget Special: Home appliance makers bat for manufacturing incentives

Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the Government to lower taxes, give incentives to local manufacturing and increase customs duty on imports.According to a PTI report: Besides, the ACE (Appliances...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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