Bajaj Electricals launches first IoT Air Cooler
Gearing up for the Indian summer season, Bajaj Electricals Ltd., India’s leading consumer durable and lighting company, on Thursday launched the first of its kind IoT enabled air cooler–...
Oppo, Vivo scale down distributors, retailers; focus on generating returns
Chinese smartphone companies Oppo and Vivo are scaling down the distributors and retailers selling their phones in a turnaround of their strategy of reaching even the smallest towns and...
TV makers to go for price hike of up to 7 percent
Leading TV manufacturers like Sony, LG, Panasonic, and Samsung are set to increase prices of their LED and OLED sets by up to 7 per cent to offset impact...
Lenovo India sustains market leadership in Indian tablets segment
With 30.8 percent market share in the Android tablet business, consumer electronics major Lenovo India has sustained the top spot for the third consecutive quarter that ended on December...
Indian manufacturers in the ACE industry need urgent support from the government
The rapid pace of urbanisation, a large emerging middle class and easy digital access have made appliances and consumer electronics (ACE) products in India very popular. Being an emerging...
Handset makers may invest Rs 6,000 crore for more local inputs
India could see investments of up to $900 million (about Rs 6,000 crore) in the next two years from leading handset makers and global contract manufacturers that are seeking...
Mivi to start manufacturing its products in India
With an aim to see a 300 percent jump in its sales, homegrown electronics brand Mivi on Monday said it will start manufacturing its products in the country in...
Samsung India sets sales goal of over $10 billion this year
Samsung India is targeting sales of more than $10 billion (about Rs 64,000 crore) this calendar year after having recorded nearly $9 billion in 2017, senior company executives told...
Xiaomi, Haier, others get vocal on Customs duty hike in Budget 2018
More companies such as Xiaomi, Haier, Godrej, and Blue Star have joined LG Electronics India in indicating that the recent Customs duty hike in the Budget, the second such in two months, will impact demand.
The...
LG to launch IoT enabled ceiling fans in Indian market by June
South Korean consumer electronics maker LG would foray into the premium ceiling fans segment this season, which will have advance features such as Internet of Things (IoT) technology, a...






























