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consumer electronics

ASUS Expands Retail Presence in India

ASUS Expands Retail Presence in India

Mon, Sep 30, 2024

ASUS is focusing on expanding its retail network across India to become the leading PC brand. The strategy aims to enhance accessibility and visibility for consumers.

Advanced manufacturing startup Ethereal Machines raises $13 million

Advanced manufacturing startup Ethereal Machines raises $13 million

Thu, Jun 13, 2024

The startup specialises in building proprietary multi-axis Computer Numerical Control (CNC) machines in India and utilises CNC machines to manufacture precision parts for the aerospace, healthcare, and consumer electronics industries.

Indkal Technologies raises Rs 300 crore in funding round

Indkal Technologies raises Rs 300 crore in funding round

Wed, Jun 12, 2024

This infusion would help the company grow and develop infrastructure of products like air conditioners, televisions, washing machines and refrigerators, Indkal Technologies CEO Anand Dubey told PTI.

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Aapki Khabar Aapka Fayda: Is your child addicted to games?

Aapki Khabar Aapka Fayda: Is your child addicted to games?

Thu, Jul 13, 2023

Online Game: How dangerous is online game, these days the trend of online game has become very high. Whether children or elders, people of all classes are addicted to it. Online game addiction takes a toll on children's brains

India has trade deficit with China in electronic components, computer hardware

India has trade deficit with China in electronic components, computer hardware

Wed, Apr 05, 2023

Minister of State for Commerce and Industry Anupriya Patel said the commodities exhibiting trade deficit with China constituted 86.7 per cent of the total trade in 2014-15, which has reduced to 83.8 per cent of the total trade with China in 2021-22.

tv fridge ac prices may increase by 3 to 5 percent due to the fall of the rupee

tv fridge ac prices may increase by 3 to 5 percent due to the fall of the rupee

Mon, May 16, 2022

The prices of home appliances like TV, AC, washing machines and refrigerators are expected to increase. The prices of consumer electronics goods may increase by three to five percent from the end of May or the first week of June.

Consumer durables industry: Double-digit growth hopes brighten 2022 horizon despite chip shortage concerns

Consumer durables industry: Double-digit growth hopes brighten 2022 horizon despite chip shortage concerns

Tue, Dec 21, 2021

With demand for premium and technologically advanced products on the rise, India's Rs 75,000 crore appliances and consumer electronics industry will be switching on to 2022 with hopes of double-digit growth despite anxiety over semiconductor shortage and the impact of the spreading Omicron variant on business.

Centre likely to consider phased manufacturing plan for AC industry: DPIIT Secretary Anurag Jain

Centre likely to consider phased manufacturing plan for AC industry: DPIIT Secretary Anurag Jain

Fri, Nov 26, 2021

The government is willing to look at the PMP for the AC industry to check the imports and increase local value addition and employment,'' the Commerce and Industry Ministry said, quoting the secretary.

AIWA to expand product portfolio, retail footprints in India

AIWA to expand product portfolio, retail footprints in India

Sun, Aug 22, 2021

Japanese consumer electronics brand AIWA, which earlier this year re-entered the Indian market, is expanding its product portfolio and retail footprints in the country and aims to have sales of one billion dollar in the next five years, said a top company official.

Indian consumer electronics firm boAt gets USD 100 million from Warburg Pincus; Here is what you need to KNOW about Co

Indian consumer electronics firm boAt gets USD 100 million from Warburg Pincus; Here is what you need to KNOW about Co

Wed, Jan 06, 2021

U.S. private equity firm Warburg Pincus has invested about $100 million in India`s boAt, the consumer electronics firm said on Wednesday.

Samsung Electronics beats first-quarter estimates, braces for bigger blow from coronavirus

Samsung Electronics beats first-quarter estimates, braces for bigger blow from coronavirus

Tue, Apr 07, 2020

Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs

Around half of Sony India sales to come from premium segment in 2 yrs: MD Sunil Nayyar

Around half of Sony India sales to come from premium segment in 2 yrs: MD Sunil Nayyar

Mon, Sep 17, 2018

Presently, Sony India has a market share of around 40 per cent in the premium TV market and 26 per cent in the overall TV market by value. Besides, Sony would continue to offer quality products in the affordable segment, which has become quite competitive now after the entry of several new makers in the last two years.

Flipkart Grand Gadget days is back; offers 10% off on iPhone 7 Plus & more

Flipkart Grand Gadget days is back; offers 10% off on iPhone 7 Plus & more

Tue, Aug 22, 2017

Flipkart is back with another sale and we give you the details.

Flipkart Big Freedom Sale kicks off tomorrow; here's what's up for grabs

Flipkart Big Freedom Sale kicks off tomorrow; here's what's up for grabs

Tue, Aug 08, 2017

E-commerce website sales before Independence Day will begin from tomorrow. Here are the top deals on Flipkart.

Consumer durables sales increase up to 100% during pre-GST discounts

Consumer durables sales increase up to 100% during pre-GST discounts

Wed, Jun 28, 2017

Retailers that cut their losses and offered consumer durable products on sale with up to 50% discounts have now seen an increase in pre-GST sales. The sales of the retailers have increased 100% YoY with GST rollout being two days away.

Destocking led by GST may hurt AC sales for Voltas, Blue Star

Destocking led by GST may hurt AC sales for Voltas, Blue Star

Wed, Jun 21, 2017

Consumer electronics – air condition manufacturer companies may witness lower sales in the first quarter of FY18. The lower sales margins is anticipated by analysts on destocking by dealers and higher tax rates.

Panasonic eyes Rs 1,150 crore revenue from B2B segment in FY18

Panasonic eyes Rs 1,150 crore revenue from B2B segment in FY18

Sun, Jun 04, 2017

Consumer electronics major Panasonic India is eyeing a revenue of Rs 1,150 crore from the business- to-business (B2B) segment in the current fiscal at a growth of 35 %, a company official said.

Once fuelled by it, can India's e-commerce boom continue to rely on mobile phones?

Once fuelled by it, can India's e-commerce boom continue to rely on mobile phones?

Mon, Apr 24, 2017

Still a feature phone market, more than six out of 10 mobile phones to be sold in India in the coming few years are likely to be smartphones. Will the e-commerce boom be able to suffice on smartphone sales alone?

Sports start-up Rooter raises funding from Intex Technologies

Sports start-up Rooter raises funding from Intex Technologies

Tue, Mar 28, 2017

Rooter is a digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis during sports events.

Consumer electronics industry welcomes govt move for Budget allocation towards MSIPs, EPF

Consumer electronics industry welcomes govt move for Budget allocation towards MSIPs, EPF

Wed, Feb 01, 2017

The government has increased the allocation for incentive schemes like M-SIPS and EDF to Rs 745 crore in 2017-18

Consumer Electronics Association hails govt's Rs 10,000-crore electronics manufacturing sop

Consumer Electronics Association hails govt's Rs 10,000-crore electronics manufacturing sop

Wed, Jan 18, 2017

The Union Cabinet on Wednesday approved amendment in the Modified Special Incentive Package Scheme (M-SIPS) to further incentivise investments in electronic sector.

Sharp-Foxconn JV to stop supplying TV panels to Samsung to stem losses

Sharp-Foxconn JV to stop supplying TV panels to Samsung to stem losses

Thu, Dec 15, 2016

Japan's Sharp Corp and Taiwan's Foxconn have decided to stop supplying television panels through their joint venture to Samsung Electronics Co Ltd as they review the money-losing unit, a person familiar with the matter said.

Now, you can import consumer goods upto Rs 50,000 in duty free

Now, you can import consumer goods upto Rs 50,000 in duty free

Thu, Aug 18, 2016

The import of consumer goods has been increased upto Rs 50,000 in duty free from the earlier limit of Rs 2,000.

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