With the Covid19 pandemic middle-class households in India have cut back on the usage of maids, housekeepers and other household help. This is driving up the sales of several consumer durables such as household appliances. Whirlpool. Samsung, LG and Bosch are happy. The dishwasher has now become an actual category,"...
Manufacturers of Phones, Footwear To Make In India
The city that is home to the Taj Mahal, Agra, also has a thriving leather and shoe industry. Last week, Germany's Casa Everz Gmbh, owner of the brand Von Wellx, decided to shift its entire production from China to Agra, India. The brand is known for benefits such as relieving foot,...
Samsung to re-start manufacturing TVs in Chennai
South Korean electronic major Samsung will restart manufacturing LED TVs in India through contract manufacturers from early next year, according to sources. Samsung, which had shifted its TV manufacturing to Vietnam, recently entered into an agreement with Dixon Technologies for production in India. Presently, Samsung imports its portfolio of TVs from...
Smart Phone Sales Continue to Rise
Smartphone suppliers in India shipped 46.6 million units in the most recent quarter, an increase of 9.3 percent from the previous quarter. The average selling price is much lower than in the West, just $159 and top brands are all Asian companies, Xiaomi, Samsung, Vivo, Realme and Oppo. However. the iPhone...
Ravi Shankar Prasad: Minister for Law, Communications, Electronics, India, 2019
Ravi Shankar Prasad was born on August 30, 1954 in Patna the capital city of the northern state of Bihar. He has post graduate degrees in Political Science as well as Law. In 1995, Prasad became a member of the National Executive Committee of the Bharatiya Janata Party. Later, he...
Samsung to Turn India into Hub for Components Business
With the government's thrust on 'Make in India', where tax on imported mobile and consumer electronics components is going up, Samsung sees a big business opportunity in manufacturing them in the country. The Korean company plans a fresh investment of $350 million initially in this business and will ramp up...