Mobile phones, televisions, readymade garments and stationery items will be allowed to be sold on e-commerce platforms like Amazon, Flipkart and Snapdeal during the lockdown from 20 April, officials said on Thursday
Coronavirus outbreak creates scarcity of white goods in India; market highly dependent on China, S Korea for key components
China, which is the epicentre of the coronavirus outbreak, is a major exporter, accounting for almost 23 percent of global electronic goods
Consumer durable industry returns to steady growth path in 2019; economic slowdown a threat for 2020
The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 percent, largely helped by long and harsh summer, which lifted sales of compressor-based cooling products such as AC and refrigerators.
Union Budget 2019: Consumer electronic goods makers seek lower GST on large-screen TVs, air-conditioners and 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
Amazon India say monthly payment plans, installation services boosts large appliance sales during festive period
Amazon vies with homegrown Flipkart in India’s burgeoning e-commerce market, tipped in a few years to be worth $200 billion annually.
Govt may not further hike import duty on non-essential items; could take other measures to arrest impact of Re slide
The government had, effective 27 September, doubled duties on import of 19 items, including air conditioners, household refrigerators and washing machines (less than 10 kg), to 20 percent.
The CAD widened to 2.4 percent of the GDP in the first quarter of 2018-19.
Govt hikes customs duty on 19 items: Import curbs not to have major impact on widening current account deficit
The move to penalize imports of “non-essential” items may not be enough for India’s external trade woes to be addressed since external factors and rising oil prices are likely to continue to exert pressure
Hike in customs duty may impact festive sales, consumer durable industry; prices of large appliances to go up 3-5%
Government's decision to double the basic customs duty on ACs, refrigerators and washing machines to 20 percent from the existing 10 percent would encourage domestic manufacturing
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 on imports
Consumer durables and home appliances makers have asked the government to double custom duty to 20 percent on imported products such as washing machines, refrigerators and air conditioners to encourage domestic manufacturing.
Steep discount offers comes even as the GST Council increased excise credit to 60 percent from 40 percent on the transitional stock during its last meeting on 3 June
Besides product exchange programme, Flipkart also sees its no-cost EMI scheme and low prices to boost its market share in large appliances category
Korean smartphone giant Samsung has announced a bunch of discounts and offers as part of its Make for India Celebrations program that kicked off yesterday and will run till 15 May.
Samsung Electronics Co., Ltd. announced today that they will be expanding the transparent display market ...