Hike in custom duty to 10 percent on compressors, used for air conditioners and refrigerators, can be a 'set back and may have an impact on the coming festive season sales, according to the consumer durable industry.
According to a...
Consumer durables and home appliances makers have asked the Government to double custom duty to 20 per cent on imported products such as washing machines, refrigerators and air conditioners to encourage domestic manufacturing.
According to a PTI report: The Consumer...
Expecting to garner over 20 per cent growth in sales during the festival season, consumer durables manufacturers are focusing on new launches, higher spending on marketing and innovative offers.
"The industry is optimistic as companies on average have increased their...
Online retailers in India hope netizens will splurge more this festive season, which accounts for 40 per cent of annual sales, thanks to an uptick in rural demand after a good monsoon and the cash coming from the salary...