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Prices of discretionary products like cars, TVs, phones begin to firm up, ET Retail

Prices of discretionary products like cars, TVs, phones have started to firm up due to commodity costs, adverse forex movement, and inflationary environment. Car manufacturers and electronics brands are raising prices to offset the impact.

Shailendra katyalTarun pathakHardeep singh brarKamal nandiMohandeep singhAvneet singh marwahNavkendar singhMaruti suzukiSociety of indian automobile manufacturersHonda cars indiaToyota kirloskar motorKia indiaDixon technologiesAtul lallGrand vitaraIndian automobile manufacturers

Prices of discretionary products like cars, TVs, phones begin to firm up

Car manufacturers like Maruti Suzuki, Honda Cars India, Toyota Kirloskar Motor and Kia India have just raised vehicle prices, mostly on fast-moving models, by up to 3% due to increase in commodity costs and adverse forex movement. Other manufacturers are also evaluating such a hike.

Maruti suzukiMohandeep singhAvneet singh marwahKamal nandiTarun pathakNavkendar singhHardeep singh brarShailendra katyalSociety of indian automobile manufacturersHonda cars indiaToyota kirloskar motorKia indiaDixon technologiesAtul lallGrand vitaraIndian automobile manufacturers

March sales indicate sizzling summer prospects for AC, beverage and ice-cream players

March sales indicate sizzling summer prospects for AC, beverage and ice-cream players
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What heat waves spell for India: Impact on RBI, biz, food & GDP

Weather experts warn of increasing heat waves in India, impacting daily life, business, and economy. With hotter temperatures forecasted, power demand is expected to rise, putting pressure on power generation and potentially leading to power cuts. Heat waves can also disrupt food production, impacting prices and rural demand, affecting GDP growth.

Andhra pradeshMadan sabnavisKamal nandiTeresa johnMrutyunjay mohapatraTeamlease servicesCentral electricity authorityLg electronicsWorld bankIndia meteorological departmentMorgan stanleyMonetary policy committeeIndia meteorologicalBlue starGodrej appliancesEast india

Havells India: Unfazed by slow start, AC industry expects double-digit growth, over 11 5 mn unit sales this season, ET Retail

Havells India: Despite a slow start, the sale of air conditioners in India is expected to pick up with manufacturers aiming for double-digit growth to surpass 11.5 million units in 2025. Factors such as a scorching summer forecast, increased disposable income, and new technological advancements are likely to drive sales. Major players like Daikin, Panasonic, LG, Blue Star, Godrej, and Lloyd are optimistic about growth, with a focus on energy-efficient models and expanding markets in tier-III towns and rural areas.

Kamal nandiYogesh kumar guptaIndia metrological departmentLg electronicsTechsci researchConditioners group abhishek vermaLg electronics india senior vp sanjay chitkaraRepresentative imageBlue starGodrej appliancesStar managing directorb thiagarajanReserve bankPanasonic india business headAir conditioners group abhishek vermaAppliances business headExecutive vice president kamal nandi