The conversation around the PLI scheme for air conditioners started in May last year and just a couple of weeks later the government and industry came together to chart out an initial strategy.

Voltas expect this demand to be high in the coming few months as well, owing to an increased need for automation of household chores due to the continued work-from-home culture

The new line-up of fully automatic front load washing machines is made for India and features Samsung's proprietary EcoBubble and QuickDrive technology to help save time and power while providing 45 per cent extra fabric care

With the onset of summer in 2021 and harsh temperatures across North & West India, ACs witnessed a 3X demand growth on Amazon India, whereas refrigerators saw a 2X spike

The industry is hopeful of high demand for consumer durables, especially cooling appliances. In addition to the weather, the rising cases along with the work from home culture is likely to fuel the demand for white goods in the country

LG had announced in January it was considering all options for the business after logging nearly six years of losses totalling some $4.5 billion

Spending more time at home due to the coronavirus pandemic, consumers have splashed out on an array of high-margin consumer electronics which in turn has helped cause a global shortage of semiconductors

We expect the trend to continue and are aiming to close Q4 registering more than 100 per cent growth (QoQ). In the case of refrigerators, we are expecting to record a growth of 30 per cent in refrigerators this summer, says Manish Sharma, President & CEO, Panasonic India and SA

With people continuing to stay indoors to fight the pandemic, consumer preferences for these appliances have changed drastically.

LG has two manufacturing facilities in India strategically located in Noida and Pune to cater to overall demand across India. \"Both our lines are continuously functioning at full capacity,\" says Vijay Babu, vice president, home appliances

Brands including Panasonic, Haier and Thomson are considering to increase prices from April this year, while some like LG have already raised prices due to hike in prices of open-cell

The campus is likely to house the second-highest number of Bosch employees in the world, said Soumitra Bhattacharya, managing director of Bosch Ltd and regional president of Bosch Group in India

Instead of the usual chocolate and flowers, you can gift your Valentine a gadget this year to make them feel special

In order to democratise the concept of home automation, Panasonic intends to allow other brands with smart automation products, along with those from its homegrown brand Miraie, to be part of its platform

In comparison to January 2020, job postings in some industries have improved, according to Monster Employment Index, by Monster.com - a Quess Company

A significant spike in prices of key raw materials post lockdown has thrown a curveball at the revival story of India Inc

A number of Twitter accounts that were tweeting or sharing information on farmers' protests in India have been blocked or withheld in the country by Twitter India.

In 2021, Toshiba aims to further strengthen its dealer base across India through an extensive retail network of large format stores, multi-brand outlets, and a robust dealer network across India

Lack of semiconductor manufacturing is turning out to be the biggest hurdle in India's tryst with self-reliance in electronics. It requires 'out of the box' thinking by government and industry

The Mahindra-Ford joint venture isn't the first partnership to fail in the auto world, nor will it be the last. Here are five instances where collaborations in the past have gloriously missed their target