A strong El Nino-led summer in 2026 could trigger a cyclical upturn for India's consumer durables sector, particularly cooling products such as air conditioners, air coolers and fans, according to a report by Anand Rathi Research.
Mumbai (Maharashtra) [India], February 26: Electrolux, the global Swedish home appliance brand with over a century of expertise in shaping living for the better, has announced the launch of its exclusive Brand Store in Dehradun in partnership with A Star Enterprise. The new store marks a sig
Consumers planning to purchase room air conditioners (RACs) may have to prepare for higher prices from this year, as the industry is expected to implement price hikes of 7-8 per cent on new models starting January 2026, according to a report by Equirus.
The fourth round of applications under the Production Linked Incentive (PLI) Scheme for White Goods, covering air conditioners and LED lights, has received 13 proposals with a combined committed investment of Rs 1,914 crore, according to a press statement by the Ministry of Commerce and Indu
The Department for Promotion of Industry and Internal Trade (DPIIT) has extended the application window for Round 4 of the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) till 10th November this year, according to a government release.
New Delhi [India], October 10: At India Mobile Congress 2025, Qualcomm Technologies, Inc., in collaboration with Havells, showcased its latest smart home innovation by transforming the Havells smart appliance through cutting-edge connectivity and AI solutions. Demonstrated live at the event,
Pune (Maharashtra) [India], October 1: Dussehra is not just a festival that marks the victory of good over evil - it is also considered an auspicious time to bring positivity and good fortune into our lives. Many families take this opportunity to refresh their homes and invest in new home es
Developed by iFOREST in collaboration with the Singapore-ETH Centre (SEC), the plan provides a roadmap to address rising temperatures, humidity, the Urban Heat Island effect, and the growing demand for air conditioners.
The India Cellular & Electronics Association (ICEA) has urged the government to reduce the Goods and Services Tax (GST) on air conditioners and televisions from 28 per cent to 18 per cent. The appeal, made through a press release, argues that the move is essential to make these products more
Consumer durables companies faced a tough first quarter of FY26 as weak demand for summer products weighed heavily on sales, according to a Union Bank of India Research report. The early onset of monsoon cut short the summer season, hitting the demand for cooling appliances like room air con
According to the tender, the renovation is mainly related to electrical and interior fittings. The bungalow will be equipped with five televisions at a cost of Rs 9.3 lakh and fourteen air conditioners worth Rs 7.7 lakh. The plan also includes installing fourteen CCTV cameras for Rs 5.74 lak
New Delhi [India], June 30: Jindal Steel has successfully commissioned its first Continuous Galvanising Line (CGL 1) at its state-of-the-art Angul Integrated Steel Complex in Odisha. This marks a significant expansion in the company's coated steel product offerings. The new line will produce