April 8, 2021
Headlines
- PLI scheme for air conditioners fails to excite local manufacturers
- Demand for cooling appliances surges on rising temperature, COVID-19 cases
- Retail and industry loans come neck and neck for the first time ever, shows RBI data
- Reliance extends time to conclude Future Retail buy
- Last date of submission of EoI extended for setting up semiconductor fab in India
- Competition in e-tail: Fair or unfair?
- Retail loans set to become largest segment for Indian banking industry
- Why are cellphone makers seeking lockdown-hit FY21 as zero year for PLI
- PLI scheme to nudge OEMs towards local sourcing for greater Made-in-India capacity utilisation of MSMEs
- Amazon launches new Fire TV Stick remote control with dedicated buttons for Netflix and Prime Video
- Cooling is so passé; AC brands are now going all out on bacteria, viruses and other features
- TCS doubles $100m+ customers in five years
- Amazon tries to set Chromecast on Fire
- Consumer durable cos plan ₹500 cr ad spend
- As shopping goes online, e-commerce disputes rise to unprecedented levels
- CAIT praises Uday Shankar for FICCI stand on e-commerce
- Amazon vs Future: Delhi High Court stays single-judge order against Future Group companies
- Future challenges Delhi high court order on RIL deal, Biyani’s detention
- In relief for Amazon, Delhi HC puts Future-Reliance deal on hold
- TV ad volumes surge in Jan-Feb 2021
- Govt: No proposal under consideration to control stake of foreigners in India’s e-commerce
- Future Group moves Delhi High Court over RIL deal restraining order
- Samsung Electronics considers skipping Galaxy Note this year
- Declining demand may lead to layoffs, say TV manufacturers
- Future Retail Vs Amazon: Delhi High Court upholds emergency arbitrator’s award
- Second wave of Covid? From Tanishq to Panasonic, India Inc says we’re ready
- Apple and Amazon buy into push to Make India more Self-Reliant
- Future Group urges SIAC to modify order to exclude FRL
- After FICCI, RAI writes to Health Ministry to prioritise vaccination for retail employees
- Domestic retailers seek TRAI like regulator for e-commerce
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