Page 5 - Home Appliances

The new essentials: A peek at best-selling vacuum cleaners and dishwashers

It is no wonder that gadgets that can help ease the pressure are in hot demand

Spruce up your castle as you stay home-bound in the times of Covid-19

Spend on home improvement as the lockdown forces you to stay indoors; Here are some devices and gadgets that help achieve both better quality of life and self-sufficiency

Home appliances remain immune to Covid, lockdown relaxation boosts demand

28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey

Crompton Consumer: Cost control, market share gains lend comfort

With products less discretionary and seasonal in nature, company's growth could see faster recovery, say analysts

Flipkart, Snapdeal leverage technology to reach red, orange, green zones

At the e-commerce giant Flipkart, the teams first prioritised the areas and regions as per essential delivery guidelines by the government and then scaled it across cities

Voltas Beko betting on product development to tide over Covid-19 lockdown

A 50:50 joint venture between the Tata-group-owned Voltas and Arcelik, a Turkey-based home appliances company, Voltas Beko offers refrigerators, washing machines, dishwashers and microwave ovens

Dishwasher: A must-have gadget in the kitchen when the party is over

The appliance is a suitable replacement for the housemaid in times of the Covid 19 crisis, not just for convenience and but also for hygiene and efficiency

Voltas Beko eyes 2.5 mn home appliances by 2025 from Sanand facility

Under the JV, while Beko will bring in its strong research and development as well as global sourcing capabilities, Voltas will contribute in terms of its local branding and distribution strength

Budget 2020: Appliances, consumer electronics sector seeks tax relief, sops

Finance Minister Nirmala Sitharaman is scheduled to present the Budget for financial year 2020-21 on February 1.

Home is where the hearth is: Snuggling by the fireplace on a winter night

Nothing like the warmth of the fireplace when the mercury plummets and the sun plays truant. There are several options in the market from wood-fired ones to those run on biofuels

Kitchen appliances maker TTK Prestige aims to double turnover in 5 years

Besides, TTK Prestige has plans to expand its distribution network further and expects higher sales from fast-growing online channels.

Godrej Appliances to invest Rs 700 cr in capacity expansion over next 3 yrs

Godrej Appliances on Monday said it will invest Rs 700 crore to increase its annual appliance production capacity by 19 lakh units by 2022, taking it up to 65 lakh units per annum. The appliances maker also plans to introduce newer technologies and carry out backward integration. "Godrej Appliances is all set to invest another Rs 700 crore by 2022. This latest announcement takes the tally of Godrej Appliances' investment in capacity and technology expansion to Rs 1,100 Crore over a period of six years," the Godrej & Boyce Mfg Co unit said. The fresh investment is aimed at raising the company's annual appliance production capacity by 19 lakh units by 2022, increasing it up to 65 lakh units per annum, it added. With this investment, Godrej Appliances plans to double the current capacity for washing machines - both fully automatic top load and semi-automatic - at its Shirwal and Mohali plants. "The brand also plans to introduce a new product line for fully automatic front load ...

Appliances & consumer electronic mkt to double to Rs 1.5 trn by FY25: CEAMA

The appliances and consumer electronics industry is projected to double to Rs 1.48 lakh crore by 2024-25, according to a report. The market is expected to see acceleration in growth on account of surging rural consumption, reducing replacement cycles, increasing penetration of retail, a wide choice of brands and products at various price points, it added. The industry had a total market size of Rs 76,400 crore in 2018-19, in which Rs 32,200 crore was contributed from domestic manufacturing, according to the joint report by CEAMA and Frost & Sullivan. The report is based on product categories, which include air conditioners, refrigerators, washing machines, television (TV) and audio. "The overall market size of the five categories covered in this project for the year FY19 is 76,400 crore and the market is estimated to grow at a CAGR (compound annual growth rate) of 11.7 per cent till FY25," the report said. It also suggests that domestic value addition for "ACE (appliances and ...

Analysts positive on Voltas despite slowdown, see growth in projects, ACs

While the company's projects segment is expected to perform better, a strong Q1 and moves to clear inventory are positives for room air-conditioner business

German home appliances major BSH opens technology centre in Bengaluru

The centre will develop localised technologies for Indian market and become product development hub for APAC region as well as emerging markets in South America and Africa