February 26, 2021
Headlines
- Amazon urges Sebi to suspend review of $3.4 billion Future-RIL deal
- Global TV shipment expected to reach 232 million units in 2021, with ultra-large-sized TVs becoming latest focus for TV brands
- Aiwa India Regional Head Quarters announces establishment at New Delhi
- Major CES gadget show turns to tech for virtual salvation
- LG to feature virtual human as speaker during CES 2021
- AUO reports slight increase in 2020 revenues
- E-com buying to see uptick from small cities
- CLSA fears EPS downgrades for RIL however retains outperform
- Global LCD panel shipment forecast, 2021 and beyond
- More devices to come with miniLED displays
- Indian e-commerce startup Udaan raises $280 million from Tencent, others
- Amid regulatory scrutiny, Alibaba to raise $5 billion via bonds this month
- Future Retail, Amazon agree on 3-member SIAC panel
- How domestic AC manufacturing can help India and what more could be done to expedite it
- Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore
- China’s Alibaba to shut down Xiami music app next month
- Mumbai court rejects Partho Dasgupta’s bail plea
- Money trap: At insolvency’s doors, Dhoots forced to exit
- India’s manufacturing sector ends 2020 on brighter note
- Samsung, LG aim to foster future growth engines in 2021
- Tech billionaire Jack Ma out of the public eye for over 2 months: Report
- India expected to hold prominent position in designing and manufacturing digital products: Meity secy
- White goods industry hopes 2021 mirrors the second half of 2020 in growth trends
- Consumer demand to get better with the arrival of COVID vaccine, says FICCI president
- Can’t meet FY21 target, roll over PLI milestones, handset makers tell govt
- Prices of TV and appliances likely to go up by around 10% from January
- CAIT urges FM Nirmala Sitharaman to defer rollout of Rule 86B in GST
- Delhi High Court ruled Amazon´s attempt violative of FEMA FDI, says Future Retail
- India Air Purifier Market size is projected to grow at a CAGR of 19.6% during 2020-26
- Noise partners with Vijay Sales to expand its presence to retail outlets
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