September 15, 2020
Headlines
- KKR in advanced talks for $1-billion Reliance Retail stake
- Silver lake to invest ₹ 7,500 crore in Reliance Retail Ventures at an equity value of ₹ 4.21 lakh crore
- Festive mood sets in: Demand for high-value electronic appliances rise in August
- Tamil Nadu’s new electronics manufacturing policy aims to target $100 billion output by 2025
- After Jio Platforms, RIL offers all 13 investors a slice of Reliance Retail
- Phone, electronics producers seek exemption from ‘faceless assessment’
- Britain retunes millions of TVs, clears 700 MHz band for 5G network
- Government bans another 118 Chinese apps including PUBG, WeChat Work
- MEIS benefit cap at Rs 2 cr to seriously affect exports
- China investing in emerging tech India needs to catch up soon
- Silver Lake in talks to invest $1 billion in Reliance Retail
- Smart Home trends in India and how IoT is enabling it
- Amazon, Snapdeal shrug off ‘country of origin’ disclosure duty; say it’s manufacturer or seller’s job
- Amazon India adds insurance, gold to its offerings
- New IT policy looks beyond Bengaluru, to create 60 lakh jobs
- Silver Lake in talks to take $1 billion stake in India’s Reliance Retail: FT
- 11 bids for Videocon received
- Samsung partners Corning for foldable display: Report
- CEAMA welcomes mandatory labeling program extension
- Amazon’s new ad speaks to buyers of durables, appliances
- Ambani vs Damani—India’s $635 billion retail ring will see the country’s two richest men battle with different strategies
- Reliance Retail to Buy Future Group’s retail business for Rs 24,713 crore
- Onam brings no cheer to home appliance stores
- Voluntary star rating for washing machines, microwave ovens to continue for another year
- No big investment in semiconductor manufacturing recently, but interest rises: Industry body
- Mobile companies pledge Rs 11,000 cr under PLI scheme
- Govt move on Colour TVs to boost local manufacturing: Industry body
- Electronics export can touch USD 180 bn by 2025, says industry
- Retailers body says MHA’s latest order brings a ray of hope on the issue of weekend lockdowns
- Reliance to buy Future Group’s retail arm for $3.38 billion
Perspective
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