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Dishwashers save time and water yet consumers are not convinced these are a necessity

Estimates by dishwasher makers put the market between Rs 140-200 crore. In contrast, the size of the residential air-conditioner market in India is around Rs 20,000 crore, refrigerator Rs 21,000 crore and washing machine will be about Rs 8,000 crore.

India's electronics production on accelerated path, but accounts for 3.3 per cent of global market: Ravi Shankar Prasad

To a question on whether the government is satisfied with the current level of contribution of Indian electronics industry to global market, the minister replied in the negative.

Transsion looks to set up industrial park in India

The company is looking at 40-50 acres and is talking to different states, where mobile phone accessories under the Oraimo brand will be made.

IFB Industries stares localization for some of the high cost import

The company's localization initiative has resulted in a new generation of electronic components for models being manufactured in India, IFB said.

TV companies may stop making in India, turn to zero-duty FTA imports

Import of finished TV sets from countries with which India has FTA leads to net savings of around 5%.

Samsung keen on bringing more connected devices in India

Samsung expects the demand for internet-connected appliances to grow as 5G is rolled out going forward.

LG forays into ceiling fan segment in India

The company has also introduced portable mini air purifier and water purifier with stainless steel water tank in India.

Televisions worth Rs 7,224 crore imported in 2018-19

India has a Free Trade Agreement (FTA) with ASEAN (Association of South East Asian Nations) to reduce applied tariff rates. Vietnam and Malaysia are part of ASEAN.

Boxed in by Chinese rivals, Samsung to sack 1,000 in India

150 already laid off at telecom networks division; manpower rationalisation to be completed by October.

Sales of televisions above 32-inch has grown by 10% in offline market January to April

The researcher expects this trend will be further fuelled with manufacturers rolling out promotions for the cricket world cup and consumers showing a clear preference to buy larger screen with increasing affordability.

Barco introduces EVL-721, its first laser phosphor rear projection video wall

Barco introduces EVL-721, its first laser phosphor rear projection video wall

With a 70-inch full HD rear projection cube with laser phosphor technology, the product provides brightness levels of up to 920 cd/m2 and brilliant colors, bringing a better viewing experience to control rooms.

Havells targets Rs 1,000 crore revenue from switchgears in three years

Havells targets Rs 1,000 crore revenue from switchgears in three years

Last year the company’s switchgear segment grew 13% which was more than the industry growth rate of about 8%.

Vedanta’s $10 billion LCD project may fall flat

Vedanta’s $10 billion LCD project may fall flat

The project would've filled a major gap in India's manufacturing of flat panel television sets.

Tokyo's Fuji Electric acquires UPS maker Consul Neowatt

Tokyo's Fuji Electric acquires UPS maker Consul Neowatt

Fuji Electric is in the final stages of discussions to acquire Consul Neowatt Power Solutions, a Chennai based power backup manufacturer, in a deal worth $100 million (Rs 700 crore).

Consumer appliance makers seek lower GST on large-screen TVs, air-conditioners, refrigerators

Consumer appliance makers seek lower GST on large-screen TVs, air-conditioners, refrigerators

The consumer durables industry is of the view that these items are now household necessities and do not come under the luxury goods category anymore.

A midsummer delight for cooling appliances and beverages companies

A midsummer delight for cooling appliances and beverages companies

Nation-wide heatwave and delayed monsoons hand in the best business in three years for cooling appliances and beverages companies

ELECTRONICS STOCKS
NSE
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Company NameLatestChange%ChangeVolume
Hytaisun Magnetics Ltd.0000
Bharat Electronics98.5522.0721251089
Bells Controls Ltd.0000
Atcom Technologies Ltd.0000
AKG Accoustics (India) Ltd.0000
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