Whirlpool of India Achieves 40 Pc Profit Boost in Q2, Citing Volume Gains and Cost Efficiency
Whirlpool of India Ltd, a prominent player in the consumer durables sector, reported a significant 40.13 percent rise in its consolidated net profit…
Retail India News: Fonebox Retail Plans Expansion with 25 New Stores in Maharashtra
Fonebox Retail Ltd., a prominent Gujarat-based retailer specializing in mobile devices and consumer durables, is venturing into Maharashtra with…
Arzooo Partners with Dixon, Plans to Launch Consumer Durables Products
Consumer durable marketplace Arzooo is foraying into the consumer durables category with a focus on building a smart range of home appliances. These…
Hisense India Reorganizes Its Top Management
Hisense, one of the largest consumer electronics and home appliances companies in the world, is on an expansion spree in India, and in a strategic…
Explore Upcoming Events And New Age Agendas
Stay on top – Get the daily news from Indian Retailer in your inbox
India to be Among Top 3 Markets in Asia for Garmin in 5 yrs; to Add 7 Brand Stores by 2023
Swiss smart wearable device maker Garmin has announced that it expects India to be among the top three markets in Asia within the next five years…
Consumer Durables Makers Revenue Rise 20 pc This Fiscal
India's consumer durables sector is set to report a robust 20 percent revenue growth this fiscal after a flattish run last fiscal.  Revenue…
Whirlpool India Acquires Additional 38 pc Stake in Elica PB India
Consumer durables maker Whirlpool of India Ltd announced that it has inked a pact to acquire an additional 38 percent stake in Elica PB India for US…
WK Life All Set to Launch its Manufacturing Unit in India
Spearheading Prime Minister Narendra Modi’s Make in India initiative, London-originated Gen Z brand WK Life is all set to launch its manufacturing…
Electronics Mart Files Preliminary Papers for Rs 500 Crore IPO with Sebi
Consumer durables retail chain Electronics Mart India Ltd has filed preliminary papers with SEBI to raise Rs 500 crore through an initial share-sale…
Hyundai Electronics Launches 4K Ultra HD Smart LED TVs
Hyundai Electronics, one of the fastest-growing Indian consumer durable brands, introduced its new range of 4K Ultra HD Smart LED TVs powered by…
Consumer Durable Brands Betting on Festive Season for Sales Recovery with Double-Digit Growth
Despite inflationary pressure on inputs leading to price hike twice in the year, shortage of components such as chipsets and a threat of a third…
Voltas Launches its Exclusive Online Web Store
Joining the bandwagon of brands going digital as also omnichannel, Voltas Limited, from the house of Tata’s, has announced the launch of its…
PG Electroplast Lines Up Rs 100 cr Investment for FY22; to Enhance AC Manufacturing Capacity
PG Electroplast Ltd (PGEL), a consumer durables maker and electronics manufacturing services provider, has lined up an investment of Rs 100…
Cello Group Strengthens Expertise in Product and Category Innovation
Cello Group, India's largest consumer household product manufacturer, is aiming to strengthen its expertise in product and category innovation.…
Amway India aims to boost its consumer durables segment
Amway India, a wholly-owned subsidiary of Michigan-US based Amway, is eyeing up to 12% of its business from consumer durables segment…
Motorola enters Indian consumer durables space in partnership with Flipkart
Smartphone maker Motorola has collaborated with Walmart-backed Flipkart to introduce its smart TVs in the Indian market. With this launch,…
Dyson to set up 20 stores, R&D facilities in India
UK-based consumer durables firm, Dyson plans to set up retail stores and research and development (R&D) facilities in India. James Dyson, Chief…
GST Impact: Buying a TV would now cost more
Consumers will now have to pay more to purchase TV or related appliances as manufacturers have begun raising prices to account for GST. According to…
Migration to GST implementation caused discomfort among their trade partners: Durables Makers
Consumer durables makers said that they expect the market to take at least 2-3 months to normalise operations post the implementation of Goods and…
LG India revenue jump 30% to Rs 24,000 cr
LG India sees a jump in revenue of 30% to Rs24,000cr. Soon Kwon, managing director at LG India, told ET that the company’s revenue rose 15% on year…
Bottleneck for LG at Vijay Sales
LG India and Vijay Sales have chosen separate paths from here on as they snap retail ties. The two are experiencing differences and conflicts due…
Consumer durable sales dip
According to a recent study by rural consultancy MART, the consumer durable goods are facing a rough phase while fast-moving consumer goods, media…