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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...

TV makers to hike prices up to 7 percent

Leading TV manufacturers like Sony, LG, Panasonic and Samsung are set to increase prices of their LED/OLED sets by up to 7 percent to offset impact of increase in customs duty. According to a PTI report: Some of them are...

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...

Consumer durable makers eye to to clock up to 40 pc sales growth this festive season

Consumer durable makers expect to clock up to 40 per cent sales growth this festive season by offering freebies and discounts to woo consumers, hoping to put behind the woes they faced in the run-up to GST rollout. According to...

Run up to GST caused discomfort among trade partners: Durables industry

Consumer durables makers say the run up to GST implementation has caused 'discomfort' among their trade partners who are busy clearing old stock to avoid losses before the new indirect tax regime kicks in next month. According to a PTI...

Consumer durables not a luxury item; GST rate should be 18 per cent, says CEAMA

Consumer electronics manufacturers’ association has urged the government to bring refrigerators, washing machines and other electronics of daily use in the 18 per cent slab rate under the goods and services tax (GST) regime, as opposed to the 28...

Consumer durables industry hails RBI's rate cut decision

Consumer electronics and appliances manufactures have unanimously hailed the RBI's move to slash key policy rate by 0.25 per cent. The manufacturers said that it will add to the "festive fervour" with lower interest driving demand and boosting the...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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