Haier expands Manufacturing Facility in Pune, Plans to invest RS. 490 Crore
Leading home appliances and consumer electronics company, Haier has expanded its manufacturing facility in Pune, for which the company is eyeing to invest Rs.490 crore.
By Belal Khan
The move aims...
Govt gives nod to Kochi electronics cluster
By Belal Khan
The government has given its final consent to set up a greenfield electronics manufacturing cluster under 'Make in India' initiative at Kakkanad in Ernakulamin in Kerala.
The project...
Home appliances brand, Truvision launching in India
Europe based consumer electronics and appliances company Truvison is officially launching its brand in India. The company expands its presence with 36 branches across the country. The range they...
Rockwell Industries to set up 100 “Exclusive Brand Stores” in next one year
Rockwell Industries Ltd, a Hyderabad based industrial refrigeration major which has a rare distinction of being the only Platinum Rated IGBC Factory in Indian Commercial Refrigeration Industry is now...
Samsung focuses on mid-level and premium products to grab market share from rivals
Samsung Electronics plans to grab market share in television and white goods business from rivals LG and Videocon, switching focus back to mass products from its recent strategy of...
LG India moves to inverter ACs, aims 30 percent sales growth next year
Electronics major LG India has moved to energy-efficient inverter air conditioner and expects 30 percent sales growth in the segment next fiscal. According to PTI, LG India Business Head (Air...
Samsung Electronics to acquire U.S. kitchen appliance maker Dacor
South Korean technology giant Samsung Electronics on Thursday (August 11) said that it would buy U.S.-based luxury kitchen appliances maker Dacor Inc.
The company has not yet disclosed the amount...
Toshiba and Sharp advance towards India with major re-launch plans
Two of Japan's favored electronic brands — Toshiba and Sharp — which in recent past traded hands, are set to reappear in India.
By Baishakhi Dutta
Foxconn, which just completed the recovery of Sharp,...
STK to foray into Indian smartphone market
STK, the London born brand is eying to enter the evolving Indian handset market this month with an aim to be among the top three online selling brands in...
Akai to relaunch in India as a premium brand
Akai, a consumer electronics maker that is now based in Singapore, is attempting a comeback into the Indian market as a maker of premium products, discarding its earlier strategy...