August 6, 2020
Headlines
- Amazon, Flipkart pad up for sale events before festive season
- Foreign trade regulator rejig to cut imports, promote ‘Make in India’ and ‘Ease of Doing Business’
- With eye on China, India looks to increase barriers on imports from South-east Asia
- Parliamentary panel calls Facebook for deposition on PDP bill
- OnePlus Nord Day sale postponed, now on August 6
- Airtel and AWS JOIN hands
- Ahead of Prime Day sale, Amazon India launches new warehouse in Ludhiana
- 22 mobile companies apply for India’s new incentive scheme: Government
- Industry, govt discussing phased manufacturing programme for TVs to boost domestic production
- PLI Scheme to herald a new era in mobile phone and electronic components manufacturing
- New American consensus appears to be in sync with India’s turn towards decoupling from China
- Made in India video conferencing app ‘Lauk’ launched
- Amazon posts biggest profit ever at height of pandemic in U.S.
- Xi Jinping sees breaking up India to be of great benefit
- Govt working on production-linked incentives for 12 major sectors
- To promote local production, govt announces curbs on import of colour TVs
- Indian consumers choose digital over physical modes of shopping: Deloitte
- Traders hail new rules for e-commerce entities
- Single window system to be set up soon for industrial clearances and approvals
- India may set up electronics commission to reduce dependency of manufacturers on China
- TV panel shipment declines by 8.4% YoY in 1H20 while BOE remains shipment leader, says TrendForce
- India’s Reliance to pay up to $3.6 billion for Future Group retail operations: Mint
- BOE will continue to vie for getting OLED screen orders from Samsung
- Andhra Pradesh to roll out its new industrial policy this week
- Govt to take care of buyers’ remorse for shopping online; new e-commerce rules notified
- Appliances sector thematic – looking beyond near-term disruption – HDFC Securities
- TV brands register lower than expected shipment in 1H20 while increasing inventory in 2H20 in anticipation of market conditions, says TrendForce
- Flipkart buys Walmart India’s wholesale biz
- Electronics industry mass-cancelling imports from China
- iPhone 11 now manufactured locally at Foxconn’s Chennai plant
Perspective
Dealers Speak
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The major challenge faced by us in 2019 was a substantial price increase in the washing machines segment. This affected our sales, and consumers were forced to purchase an entry-level...Read More -
The washing machines category is expected to have better growth prospects in the time of COVID-led lockdown than any other appliance segment. As a result of the lockdown, household chores...Read More -
The washing machines segment witnessed growth in 2019. In an up-country market, neither technologies nor features matter. It sees only price wars. Fully automatic machines are more popular in cities...Read More -
Overall, the washing machines segment witnessed growth in 2019. The consumer trends shifted from semi-automatic to fully automatic models. Manufacturers introduced inverter motor models, which allows the machine work on...Read More -
2019 was a tremendous year for us. There was 25 percent growth in our washing machines business. The only challenge was consumers being confused to choose between top- and front-loading...Read More -
Since we have expanded our business and opened more outlets, the business grew in 2019. Online sales have started to impact washing machine sales. However, the impact is only on...Read More -
There is de-growth of 25 percent in our overall business thus far. We are resorting to joining hands with e-commerce platforms in an attempt to liquidate the stock of air...Read More -
We are witnessing slight growth in sales since June. Smart TV sales have increased twofold from our counter. Consumers are now installing multiple TV sets in their houses. Many of...Read More -
Even though markets have opened and operations have resumed, the footfall is still negligible in our store. Consumers are apprehensive of visiting brick-and-mortar stores as COVID-19 cases are rising manifold...Read More