India
Panasonic India to Double its Revenue in 2012
Panasonic India has put its act together and beaten the slump in the durables market by registering a growth of 70% in 2011 despite the industry suffering its worst year with growth halving to 6%. The...
Whirlpool India Spends $19 Million To Design Appliances for
Mar 27, 2012 Whirlpool of India will invest RS 100 crore (approx. US$19.5 million) to design appliances specifically for Indian consumers, according to a report in The Hindu. Author Sandeep Joshi wrote that Whirlpool India plans to launch new microwaves, refrigerators, and air-conditioners, with the goal of becoming the top appliance maker in the country by 2015. These come in addition to 1...
Increasing the share of gas in its energy mix will benefit I
23 March 2012 Mobilising investment will be crucial ? IEA Executive Director Gas can provide India with a relatively reliable energy resource, IEA Executive Director Maria van der Hoeven has said. Speaking in New Delhi on 23 March at the 7th Asia Gas Partnership Summit, she noted that although coal will be central to Indian power generation for the foreseeable future, domestic produc...
Increasing Consumption of Ice Cream Boosts Sales of Deep Fre
With higher purchasing power, food habits of people living in smaller towns of India, commonly referred to as tier 4 and 5 levels, are witnessing a higher consumption of ice cream, leading to a growth...
Bangalore: Beating the heat with cooling devices
Mar 21, 2012 With summer hitting hard, Bangaloreans are finding it increasingly difficult to cope up with the sudden change in the climatic conditions. However, this has brought cheer and good news for the dealers and manufactures in air coolers, air conditioners and ceiling fans as they confirm that sales had gone up drastically during this period. When City Express interacted with a few d...
Window ACs feel the heat
- Samsung to exit segment most others reduce presencePriyanka Singh / New Delhi Mar 21, 2012 Korean major Samsung, the second largest AC player in the country, has decided to stop production of window...
Blue Star Wins Rs. 840 Million Order for Bangalore Metro Rai
Blue Star acquired a Rs. 840 million (US$ 17 million) order from the Bangalore Metro Rail, a joint venture of the government of India and the government of Karnataka State to implement metro rail proj...
Report: India's Excise Duty Increase May Hurt Major Applianc
Mar 19, 2012 India’s budget intends to up excise duties by 2%, and a report in The Hindu Business Line said that may spell trouble for Indian appliance makers. The report by Rajalakshmi Sivam said slow demand for major appliances has already hurt OEMs such as Voltas, Whirlpool India, and Hitachi. Further price increases in majors has the potential to further depress consumer sentiment and further...
Budget 2012: AC players feel the heat, to hike prices next m
Mar 18, 2012 The Air Conditioner makers are feeling the heat of Excise duty hike in the Budget. "Definitely an increase will be there from April. We are now checking how much to pass on to the consumer," Panasonic India sales and marketing director Manish Sharma told PTI. "Anyway summer is delayed this year, impacting sales, and on top of this comes this duty hike. Overall, AC market may witness ...
Ziehl-Abegg Wins Two Awards in Acrex India
Extremely Energy-saving and Efficient Products Impress Jury Ziehl-Abegg has won 2 awards during the Acrex 2012 for efficiency and sustainability. “I’m very happy about the 2 awards which re-emphasize ...
Some benefits and negatives for consumer durables
BL Research Bureau: The two percentage point increase in excise duty across the board may put the big-ticket home appliance makers in trouble. Small-appliance makers may however survive it. Air...
Honeywell Opens New Technology Center in India
Honeywell announced the opening of a new technology center in India, further expanding its technology development capabilities in key areas including refining, petrochemical, low-globalwarming and nyl...
