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
With 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
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
Owning 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
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
The 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
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
Water 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
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
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
Water 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
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
