November 17, 2020
Headlines
- Instead of gasping for breath, get yourself an air purifier this winter
- IndiaMart and JD Mart gear up for legal battle over copyright infringement
- Flipkart Group acquires Bengaluru-based AR startup Scapic
- How Amazon tried to exercise the rights of a controlling shareholder in Future Retail without owning a stake
- Manufacturers, traders of home appliances warned
- Electronic segment faced supply shortage in festive season; online sales grew 50%
- 87% of India’s imported laptops come from China
- Indian electronics industry wants PLI scheme for laptops and tablets
- Online retail sales steal the festive limelight: Phones, appliances, apparel, FMCG sales skyrocket
- Vietnam says Taiwan’s Foxconn starts factory to make displays
- E-commerce firms push electronics sales
- Diwali sales up 10.8% after calls to boycott Chinese products
- Diwali lights up consumer durables
- Demand for air purifiers shoots up
- Pre-Diwali week emerges as period of recovery for malls, shops
- Efficient appliances key to sustainable cooling in India
- BIS certificate now mandatory for 18 electrical products
- Govt working on draft order on new quality requirements for refrigerators
- Govt levies 5% duty on TV parts import
- Tamil Nadu aims to emerge as electronics manufacturing hub
- PLI scheme will boost local production of white goods, says industry association
- Sun TV to invest Rs.600 crore in movies & OTT platforms
- Diwali brings hopes for economic revival
- Consumer electronics makes roaring comeback, Diwali business sees major milestones all around
- China’s JD.com beats estimates on online sales boom
- Stimulus 3.0 supportive for growth, fiscal impact unclear
- Cabinet approves PLI scheme worth Rs 1.4 lakh crore for 10 key sectors for next 5 years
- Amazon accuses Future of insider trading as it seeks to block Reliance deal
- India crudely tries to prevent payments dominance
- Don’t let American giant Amazon kill Future, Biyani lawyer urges court
Perspective
Dealers Speak
-
The market has generally been slow be it televisions or home appliances. Dishwashers saw a spurt for a couple of months, but the boom seems to be over for that...Read More -
Kota is an educational town, with about 300,000 students residing here. As the pandemic spread, they have all gone to their respective home towns, and the city is absolutely dead....Read More -
Sales has been good for the last 3 months. In September 2020 we grew by 35 percent over September 2019, in October by 30 percent over October 2019, and expect...Read More -
We have no complaints this festive season. Sales has been good across most product lines, LED TVs, washing machines, dishwashers, et al. I understand, there is a shortage of panels,...Read More -
The market for the dealer fraternity is getting tougher by the day on the back of highly competitive environment. Despite all challenging factors, we are bullish on gaining back our...Read More -
The market has been on a decline for the last 3-4 years for small- and medium-sized dealers in the country because of the strong emergence of e-commerce and expanding range...Read More -
2020 has been the most difficult year since we started this business, as the pandemic struck right in the beginning of the year. We were already struggling to increase profitability...Read More -
Our current strategy for gaining profitability is to aggressively market product segments that have gained traction during the lockdown, including televisions, washing machines, and air conditioners. We have even expanded...Read More -
We have never seen such a drastic shift in the consumer trend. Even though the majority of our customers has shifted to online shopping, as the fear factor of contracting...Read More