Panasonic Downsizing Its Consumer Electronics Biz In India: Reports
The reports emphasise that the company was not able to attract more than 1 to 3 per cent market shares in washing machines and refrigerators
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Elista Enters Fridge Market In India, Targets Rs 500 Cr Revenue By 2025
- by BW Retail World Bureau
- March 14, 2024
Elista, a producer of electronics, home appliances, IT and mobile accessories, has entered the refrigerator market with a range of single-door refrigerators, the company announced in a media release on Tuesday. The refrigerator business in India is rapidly expanding, with a compound annual growth rate (CAGR) of 10.2 per cent expected between 2023 and 2031. […]
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Indian Electronics Players Seek Export Push & Tax Cuts In Budget
- by Amisha Sharma
- January 31, 2024
Indian electronics players seek tax reductions and export opportunities to sustain the ‘Made in India’ momentum and compete with challenges posed by Chinese brands The spike in ‘Made in India’ items seen in the Indian sector last year, combined with the exit of numerous Chinese brands, has created opportunities for local players. However, competing directly […]