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Consumer appliances makers welcome import duty hike

Consumer electronics and appliance makers have welcomed Government's decision to hike import duty on electronics items like smartphones and television, saying the move will boost domestic manufacturing industry and give a push to the Make in India initiative. According to...

Panasonic eyes 5 per cent share in Indian mobile market

Panasonic aims to capture at least five per cent share in India's burgeoning mobile phone market in the next three years as it strengthens the product portfolio, a top company official said. According to a PTI report: The Japanese tech...

Air purifiers companies eyes doubling sales post Diwali

In the wake of rising pollution after Diwali, air purifier makers are looking at doubling the sales of such products, especially in the northern region. According to a PTI report: Although, the makers such as Eureka Forbes, Panasonic, Sharp, Blueair...

Panasonic aims to sell 500,000 smartphones on Flipkart this festive season

Japanese tech giant Panasonic has said it expects sell around 500,000 units in India within two months of the current festive season as it launches new devices in the online as well as offline retail channels, as per a report in news agency...

Panasonic opens innovation centre in Bengaluru

Japanese consumer electronics major Panasonic on Thursday opened its first India Innovation Centre (IIC) in collaboration with global software major Tata Consultancy Services (TCS) in this tech hub to develop transformative solutions for its wide range of products. "The Centre...

Panasonic to set up refrigerator factory in Haryana

Japanese electronics major Panasonic would soon set up its refrigerator factory in Haryana's Jhajjar district, Japanese Ambassador Kenji Hiramatsu said. The Japanese envoy, who met Haryana Chief Minister Manohar Lal Khattar and other senior functionaries, said that investment from Japanese...

Panasonic eyes Rs 1,200 cr in revenue from India in 2018

As Japan giant Panasonic turns 100 next year, the company aims for Rs 1,200 crore (US $185 million) in revenue from India, with a renewed focus on connected devices and moving from a product-based approach to a solution-based approach,...

Panasonic eyes 10 pc market share, 30 pc growth in air-conditioner segment in FY 2017-18

Panasonic India on Monday introduced Indias first of its kind air-conditioner with "radiant cooling" technology that allows the cool air to naturally glide along the surface, spreading throughout the room and down the walls, resulting in even and all-round...

Will the e-commerce wagon gather speed putting the sluggish growth year behind?

Going by short medium term trends, the Indian e-commerce wagon gathering speed seems to be the case and that too on an optimistic note. However, this may not remain the case in the long run if certain changes in...

Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes

Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms. PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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