A poor monsoon, about 25 per cent below normal, leading to drought in many districts, seems set to hit sales for consumer durables and appliances companies. This festive season, which will begin shortly with Onam in Kerala, followed by Dussehra and Diwali, is unlikely to be similar to earlier years. Normally, it contributes 30-40 per cent of the annual sales of consumer durables companies. However, unlike the 20-25 per cent volume growth that companies have seen in recent years, the growth is ... Rediff.com, 2 days ago
Crossed fingers at consumer durables firms - Business Standard India, 3 days ago
Consumer durable firms pin hopes on festival discounts - Hindu Business Line, 1 month ago
The consumer durables market in India is not an easy one to navigate. Narrowing it down to basic home appliance segments such as refrigerators and washing machines alone will show that this is a highly fragmented sector, and not just because there ...Hindu Business Line, 2 months ago
The consumer durables industry, faced with the twin challenges of sluggish demand and rising costs, got a booster shot from Finance Minister Arun Jaitley on Wednesday when he extended the excise duty relief until December 31. This was one of the ...Hindu Business Line, 2 months ago
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