Customs duty hike might fall short to reform mobile manufacturing in India
The Budget presented by finance minister Arun Jaitley gave a push to 'Make In India' by raising the customs duty on mobile phones and some components that are used...
India to be mfg hub for Middle East & Africa: Panasonic
Panasonic is investing in India to build capacity as it expects the country to emerge as a manufacturing hub for the African and West Asian markets for its appliance...
Panasonic to begin fridge production in India
Japanese electronics maker Panasonic will begin producing refrigerators in India tailored to meet rising local demand for the appliance.
Panasonic India opened the plant in the country's northern state of...
Appliance makers bat for manufacturing incentives in Budget 2018
Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the government to lower taxes, give incentives to local manufacturing and increase customs duty...
Daikin India eyes USD 1 billion turnover in two years
Air conditioner maker Daikin India is aiming to be a USD one billion (Rs 6,500 crore) brand in India in next two years, led by high double digit growth...
Prices of consumer electronics may go up 30% under tougher e-waste rules
Prices of consumer electronics may rise by 30 per cent across the nations if the government does not roll back the tougher norms on e-waste recycling that it has...
Micromax forays into air cooler segment
Consumer electronics maker Micromax announced its foray into the air cooler category with products priced between Rs 5,990-16,990. Micromax will have a full-fledged range of room air coolers including personal,...
Ridaex Tv to fully dominate LED TV sector in India by mid 2018
Ridaex is the new brand name that sounds like Chinese, but a Fully Authentic Indian Smart TV Manufacturing Company that has gained control of the leading front in the...
Consumer durable players take the CKD route to beat higher import duties
The Centre may have doubled import duties on high-end televisions and microwaves to encourage domestic production of these goods but manufacturers are in no mood to make higher capital...
Samsung forays into budget tablet market in India
As tablet shipments continue to slump in India, Samsung India on Thursday said the company will launch affordable products this year, predicting the tablet industry is set to make a strong...































