The government has sanctioned an outlay of Rs 50,000 crore for the three schemes it had announced on April 1, 2020, Production Linked Incentive Scheme (PLI) for large scale electronics…Read More
While the impact of the coronavirus outbreak on business will play out over the next few quarters, the situation continues to look tough. China is a key source of components…Read More
A close look at sales figures of 1HFY20 versus 1HFY19 reveals interesting trends with the underlying fact that summer of 2019 was favorable for cooling products. The CE, HA, and…Read More
The major domestic appliances (MDA) global market recorded a good trend in the first six months of 2019. The market generated an overall value growth of 2.7 percent. For the…Read More
With smart and connected an accepted norm, the HA makers are moving toward offering models, which enhance the consumer’s lifestyle and make their lives convenient. Electric household appliances market is…Read More
For fiscal 2019, washing machines is the fastest-growing segment in volume terms among large appliances. Overall, the Indian appliances industry is poised to register a volume growth of 6–8 percent,…Read More
For fiscal 2019, washing machines segment is poised to be the fastest growing segment in volume terms among large appliances. Overall, the appliances industry is expected to see a volume…Read More
The burgeoning middle class in urban areas and aspirational demand from rural India, coupled with government reforms in the form of GST, are making the home appliances industry look positively…Read More
The connected devices have the potential to become mainstream with the rollout of smart utilities as part of the smart city initiative. While smart homes have been around for over…Read More
The brands and retailers who will find success in the current year and beyond are the ones that can successfully evolve along with consumers. For some, evolving might mean exploring…Read More
While appliances businesses till now have been contemplating the future with smart technology, 2018 is the year when buyers are finally seeing what is in store. The home appliances market…Read More
The washing machines industry at a 12.4 percent CAGR over the last 5 years is now giving better realization as consumer preference is moving toward larger capacity and premium models. The…Read More
Technology trends of 2017 were big and impactful, with AI topping the charts, along with on-demand workforce platforms and designing for the human experience. In 2018, technology is set to…Read More
While each and every brand is making a splash with its new models, it is not easy to increase market share in this hugely competitive segment. Washing machines have softly…Read More
Automation is clearly a priority and companies are actively exploring the potential to drive growth in home automation in India. India is racing toward Industry 4.0 and automation is changing…Read More
