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Eric Braganza

Hike in custom duty may impact coming festive sales, consumer durable industry

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...

Haier to soon hike prices of ACs, fridges by up to 12 pc

Consumer appliances and electronic goods maker Haier India will soon hike prices of its refrigerators and air conditioners by up to 12 per cent due to spike in raw material costs. "We are heading for a price increase due to...

Haier expands Pune plant's capacity to lower imports

Consumer appliances and electronic goods maker Haier India expects its product imports to fall by half with the additional capacity at Pune plant becoming operational, a company official said. According to a PTI report: Haier, which on Thursday inaugurated additional...

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...

Sale of ACs to rise 30 per cent this summer

It is a happy summer time for air conditioner makers like LG, Samsung, Panasonic and Haier who are expecting a 30 per cent rise in their sales this season. The reason for this rise will be the easy financing...

Haier launches ‘Eco Life’ initiative in India

Commencing the new year on a green note, Haier, one of the largest home appliances and consumer electronics brands, has recently announced its green initiative – 'Eco Life' – in India. The initiative is part of its global rebranding...

Haier opens Experience Centre in Delhi

Home appliances and consumer electronics brands Haier has launched its 'Experience Centre' in Delhi. The 800-sq.ft centre at Jail Road is a one-stop, high-end destination where consumers get to interact, experience, learn and get a demo of the product...

Haier Experience Centre opens in Gurgaon

Haier, one of the largest home appliances and consumer electronics brands, has inaugurated its latest Experience Centre in Gurgaon. The 875 sq.ft centre, opened on June 24 at Plaza Mall, offers the customer a first-hand experience of the latest...

Haier India unveils its plans for 2010

Haier, one of the leading home appliances and consumer electronics brand, has announced its plans for 2010. The brand is aiming at an aggressive strategy to reinforce its strength and spread across product categories and consolidate its position as...

‘Haier Experience Centre’ expands its reach

Haier, one of the largest home appliances and consumer electronics brands, recently expanded their reach by opening one Haier Experience Centres in Ahmedabad and Bengaluru. The Ahmedabad store is spread over 750 sq.ft while the two Bengaluru stores occupy...
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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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