While retailers, manufacturers said that sales growth has been in double-digits for home and kitchen appliances during the Diwali period this year, car dealers say some models have stocked out
Better than expected performance, market share gains in room ACs improve earnings outlook
Industry leaders are hoping that the extraordinary festival demand for premium products would translate into a sharp rebound that stays on
The electrical appliances maker posted a net profit of about Rs 32 crore, while expenses fell nearly 9 per cent
Appliances and consumer electronics companies have reported high double-digit growth in sales during this Navratri season
The report also pointed out shortcomings in the awareness programmes organised by the Bureau of Energy Efficiency
CG Consumer among top picks because of increased demand for home and kitchen gadgets; Voltas preferred among AC makers
In particular, consumers have been willing to splurge on products that make their homes cleaner
Sales at retail stores and restaurants have now risen for three straight months, after plunges in March and April, when the pandemic shuttered businesses and paralysed the economy
It is no wonder that gadgets that can help ease the pressure are in hot demand
Spend on home improvement as the lockdown forces you to stay indoors; Here are some devices and gadgets that help achieve both better quality of life and self-sufficiency
28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey
With products less discretionary and seasonal in nature, company's growth could see faster recovery, say analysts
At the e-commerce giant Flipkart, the teams first prioritised the areas and regions as per essential delivery guidelines by the government and then scaled it across cities
A 50:50 joint venture between the Tata-group-owned Voltas and Arcelik, a Turkey-based home appliances company, Voltas Beko offers refrigerators, washing machines, dishwashers and microwave ovens
The appliance is a suitable replacement for the housemaid in times of the Covid 19 crisis, not just for convenience and but also for hygiene and efficiency
Under the JV, while Beko will bring in its strong research and development as well as global sourcing capabilities, Voltas will contribute in terms of its local branding and distribution strength
Finance Minister Nirmala Sitharaman is scheduled to present the Budget for financial year 2020-21 on February 1.
Nothing like the warmth of the fireplace when the mercury plummets and the sun plays truant. There are several options in the market from wood-fired ones to those run on biofuels
Besides, TTK Prestige has plans to expand its distribution network further and expects higher sales from fast-growing online channels.