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Consumer demand takes a hit: FMCG, electronics, auto sales falter in April


Synopsis
The fast-moving consumer goods (FMCG) market shrank 16%, according to Bizom, which transacts with 7.5 million retail stores. Sales of refrigerators, air-conditioners, televisions and washing machines fell about 65%, as per estimates by the Consumer Electronics and Appliances Manufacturers Association (CEAMA).
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Sales of daily groceries, essentials, electronics and automobiles declined sharply in April compared with last month, indicating faltering demand amid surging Covid infection cases and ensuing restrictions.
The fast-moving consumer goods (FMCG) market shrank 16%, according to Bizom, which transacts with 7.5 million retail stores. Sales of refrigerators, air-conditioners, televisions and washing machines fell about 65%, as per estimates by the Consumer Electronics and Appliances Manufacturers Association (CEAMA). Passenger vehicle sales declined more than 10% in April over March on account of disruptions in the retail sales channel with a ....

Dinesh Thapar , Kamal Nandi , Saugata Gupta , Sanjiv Mehta , Akshay Dsouza , Appliances Manufacturers Association , Consumer Electronics , Akshayd Souza , Mobisy Technologies , Godrej Appliances , Reliance Retail , Fmcg Industry , Consumer Demand , Hindustan Unilever , Covid Lockdown , தினேஷ் தாப்பர் , கமல் நந்தி , சௌகட்த குப்தா , சஞ்சீவ் மேத்தா , அக்‌ஷய் ட்சொஜா , உபகரணங்கள் உற்பத்தியாளர்கள் சங்கம் , நுகர்வோர் மின்னணுவியல் , கோதுரேஜ் உபகரணங்கள் , நம்பகத்தன்மை சில்லறை , ஃப்ம்க்க் தொழில் , நுகர்வோர் தேவை ,

Electronics, handset cos slash production


Electronics, handset cos slash production
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Synopsis
Some component and device makers such as TMB Battery, Khy Electronics, Salcomp, Jabil, Sunwoda Electronics, JSP electronics, Hong Guang De Technology, Rashmi Rare Earth, Sahasra Electronics and VVDN have shut factories for 7-10 days or reduced shifts to curb the virus spread, several industry executives told ET.
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Videotex has prioritised the safety of its workers and cut production by over 50%, Bajaj said.
Several electronics manufacturers including Lava International, Transsion Holdings, MCM Telecom Equipment, Videotex International and Veira Electronics are cutting production by up to 50%, as the raging second Covid-19 wave hits demand and due to a shortage of components and factory workers. ....

Uttar Pradesh , Tamil Nadu , Arjun Bajaj , Amrit Manwani , Telecom Equipment , Khy Electronics , Sunwoda Electronics , Sahasra Electronics , Videotex International , Hong Guang De Technology , Lava International , Transsion Holdings , Counterpoint Research , Veira Electronics , Rashmi Rare Earth , Covid 19 , உத்தர் பிரதேஷ் , தமிழ் நாடு , அர்ஜுன் பஜாஜ் , அமிர்தம் மன்வானி , தொலை தொடர்பு உபகரணங்கள் , சஹஸ்ரா மின்னணுவியல் , லாவா சர்வதேச , எதிர் புள்ளி ஆராய்ச்சி , ரஷ்மி ரேர் பூமி ,

Biden may shelve blunt tool used in COVID fight


Updated:
May 05, 2021 17:06 IST
The official said the administration is pushing chips usersand producers to increase transparency by improving the capacityto forecast demand and generating better information on howchips are moving through supply chains to end users
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The review is looking at supply chains for semiconductors, high capacity batteries, critical minerals and pharmaceuticals and active pharmaceutical ingredients.
  | Photo Credit: AFP
The official said the administration is pushing chips usersand producers to increase transparency by improving the capacityto forecast demand and generating better information on howchips are moving through supply chains to end users
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United States , White House , District Of Columbia , Chris Coons , Commerce Department , Taiwan Semiconductor Manufacturing Co Ltd , Ford Motor Co , Peterson Institute For International Economics , Defense Production Act , Korean War Era , Semiconductor Manufacturing Co Ltd , Chad Bown , Peterson Institute , Chip Shortage , Covid 19 , Joe Biden , Us Chipmakers , ஒன்றுபட்டது மாநிலங்களில் , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா , கிறிஸ் குண்ஸ் , வர்த்தகம் துறை , டைவாந் குறைக்கடத்தி உற்பத்தி இணை லிமிடெட் , ஃபோர்ட் மோட்டார் இணை , பீட்டர்சன் நிறுவனம் க்கு சர்வதேச பொருளாதாரம் , பாதுகாப்பு ப்ரொடக்ஶந் நாடகம் ,