Sansui plans to double sales this fiscal

Image
Press Trust of India Mumbai
Last Updated : May 15 2015 | 5:13 PM IST
Japanese consumer durables brand Sansui today said it plans to double sales this fiscal as it expects four new launches of ultra-high definition television sets will help drive sales in India.
In India, Sansui has licenced its branding and marketing to KAIL Ltd, which is a privately-held company of the Videocon Group.
Globally, Sansui does not sell its products directly, and follows a licensing model.
"We have strengthened our product portfolio with a premium category and expect to double our sales to about 11 lakh units this financial year," KAIL chief operating officer Amitabh Tiwari told reporters here today.
However, he refused to disclose the market share details.
In all, there will be 12 models in the newly launched series in the price range of Rs 25,990 to Rs 1,99,990.
The company assembles about 75 per cent of its TVs in the country at its seven manufacturing units, Tiwari said.
The firm will distribute the TV sets through about 5,000 resellers.
"Our strongest markets are Gujarat, Maharashtra, Rajasthan and Andhra," he said, adding that at present, about 1 crore flat panel TVs are sold in the country, and Sansui hopes to corner up to 10 per cent of that market.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 15 2015 | 5:13 PM IST

Next Story