November 17, 2020
Headlines
- DPIIT seeks consensus on the upcoming draft e-commerce policy
- National retail policy will focus on ease of doing business: Ministry
- Reliance Retail completes Rs 47,265 crore fundraise from 10.09% stake sale
- CCI approves Future Group-Reliance Retail deal, setback for Amazon
- Retailers remain cautious about post festive demand
- Convenience drove sales of white goods during lockdown
- Best-ever festive sales help consumer electronics brand recoup lost sales
- Dual impact of COVID-19 and smog doubles demand for air purifiers
- India has potential to scale up laptop, tablet manufacturing to $100 bn by 2025: ICEA
- Vocal for local: Concerned over low-grade imports, especially from China, govt firms up technical regulations
- PLI scheme could help double workforce requirement in manufacturing sector in FY2021-22
- India’s policy decisions eased to liberalise tech industry, says Prime Minister Narendra Modi
- 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
Perspective
Dealers Speak
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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