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Brands pin hopes on Onam sales to tide over COVID gloom

Mumbai: Kerala’s biggest festival of the year- Onam is finally here, flagging off the start of the festive season for the rest of the country. After some lacklustre years marred by natural calamities and floods, and followed by the pandemic in 2020, there is a lot of hope riding on the ten-day harvest festival this year. For businesses and brands across the state, Onam is

Electronic, mobile & auto plants crank up output

Indias top consumer electronics, smartphone and auto companies are resuming or raising production this week more than a fortnight after they shut plants or scaled-down output for the domestic market as states ease curbs amid a decline in Covid infections.

Consumer durable firms face fresh challenges in 2nd Covid wave

Consumer durable firms face fresh challenges in 2nd Covid wave April 26, 2021 Consumer sentiment is also subdued. If the current conditions prevail, there could be shortages of cooling products in the coming weeks. We are hoping demand revives in May Consumer sentiment is also subdued. If the current conditions prevail, there could be shortages of cooling products in the coming weeks. We are hoping demand revives in May× Mounting Covid-19 cases, lack of enough manpower and ban on use of oxygen for industrial use besides local restrictions in certain States, has adversely impacted production of several consumer durable companies, especially in the cooling products segments.

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