Keeping pace with innovation
October, 2020The possibilities in the industry are new and evolving as the brands are setting the groundwork for significant future innovation. Water heating is one of the topmost concerns for homeowners…Read More
Water Heaters
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Strengthening the electronics manufacturing ecosystem
June, 2020The 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
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Witnessing Substantial Growth
April, 2020With the increasing competition among the leading manufacturers, the water heater market is poised to witness increased innovations and product offerings in the forthcoming years. Various technological advancements and product…Read More
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A Global Pause
March, 2020While 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
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Heating Up Market Opportunities
November, 2019Owning a water heater was once considered to be an epitome of luxury. But that credo has changed over the last five years. Major players of the water heating industry…Read More
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Positive Trend For Major And Small Home Appliances
October, 2019The 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
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Enhancing Consumer Lifestyle
August, 2019With 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
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Energy-Efficient, Hybrid Water Heaters Gaining Preference
April, 2019The Indian water heaters market is projected to surpass Rs 400 crore by 2023, with manufacturers developing innovative products that consume less energy. Water heating has always been important with…Read More
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Home Appliances In India Set To Exhibit Steady Growth
March, 2019The 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
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Will Smart Homes Become A Reality In India?
February, 2019The 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
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Energy Efficiency Goals Encourage Breakthroughs
October, 2018Water heaters are still undergoing many changes as a number of factors continue to shape storage-type and tankless water heaters design. This is leading the manufacturers to develop innovative products…Read More
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Technological Evolution Continues To Be The Marketing Mantra
September, 2018The 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
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Gaining A Technical Edge
August, 2018While 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
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Climbing the Evolutionary Ladder
June, 2018Technology 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
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Bringing Innovation
April, 2018Water heaters continue to be a niche requirement, with the country’s climate being more tropical and hot for most months of the year. Water heaters are emerging as technologically advanced…Read More
Dealers Speak
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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 -
Since 2018, festive season sales have been lackluster and 2020 is not expected to be any different. We had pinned hopes on Onam, but the footfall turned out to be...Read More -
We are seeing 10 percent growth in the current quarter as against 2Q2020. Smart TV has become the fastest moving model on our counter. Work-from-home scenario has encouraged the consumers...Read More -
2020 has been the most challenging year in our 25 years of retail business. We have even survived the brunt of e-commerce, but the pandemic ensued with economic disruptions has...Read More -
Even though COVID-19 has deterred the growth expected for 2020, the pandemic has expedited the transformation process for every stakeholder in the CE, HA, and AC industry. It is not...Read More -
Home appliances saw a surge in demand in our region as consumers’ discretionary spending increased in 2019. NBFCs like Bajaj Finance provided an impetus to demand. Refrigerators and washing machines...Read More -
Refrigerators, washing machines, and water purifiers witnessed the highest growth in sales from our counter in 2019. Frost free refrigerator models gained traction as replacement buying saw an increase. Top-load...Read More -
There was a surprising rise in durables sales in July. As the lockdown opened up in phased manner and electronics stores too became operational, we started seeing some footfall in...Read More -
Sales from our counter have slowed down tremendously. Consumers in our region have held on to their purchase decisions as the scenario still remains uncertain. We have been receiving only...Read More -
The ongoing trade war with China may harm the consumer durables market in the immediate future. One of the major reasons being that India is still in the process of...Read More -
There was an upswing in sales of home appliances in 2019 from our counter with refrigerators being the largest contributor. There were several first-time buyers in our store as an...Read More