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News Source : Electronics

Thu, 17 Aug 2017 11:37:21 GMT

Sony India eyes 25 per cent sales growth in festive season
This year, we are trying to make over 20 per cent growth in sales and in the festive season, said Sony India's Managing Director Kenichiro Hibi.

Electronics fast losing online advantage
All the companies recently reworked their pricing and discount strategy after the implementation of GST to ensure similar pricing across channels.

Videocon promoted Rajesh Rathi as the business head
Mr Rathi was earlier the national head and responsible for the group’s consumer durable sales across India. He has also been heading the company’s other business verticals.

Epson Takes a page out of HP, tops in InkTank Printers
“A key contributing factor to this success is Epson's InkTank Printers offer of lowest cost per print (CPP) with 7 paise for black and 18 paise for composite colour," said Samba Moorthy.

Nikon India aims for Rs 1,200 crore revenue in 2017-18
This year, the company is planning to open 20 more 'Experience Zones' in smaller towns as DSLR users are growing in these areas as well.

LG aims half its India revenues coming from B2B in 10 years
The company is also sensing a good opportunity in the Modi government's plan to develop 100 smart cities for its B2B segment and is participating indirectly

Centre approves 2 electronic manufacturing clusters for TS, AP
Ajay Kumar, Additional Secretary, Ministry of Electronics and IT tweeted that the Centre has given approval for 500 acre Electronic manufacturing Cluster

No space for e-waste on the GST rate list
Today, India has 1 billion mobile subscribers, around 57 million computers along with other gadgets and consumer electronics users.

LG Electronics India expects 20% rise in sales this year
Unveiling the products for the Onam festival, Sanjiv Agarwal, sales head, said the company is expecting to touch a turnover of 22,000 crore this year (January to December).

GST: Samsung reduces prices in Mumbai region
New prices have been conveyed to dealers, according to the communication seen by TOI. A company spokesperson, however, did not confirm price cuts.

Videocon Telecom eyes sales of over Rs 1,600 crore in FY18
The telecom arm of the Videocon group has ventured into new business lines that include CCTV cameras, smartphone accessories, smart solutions and Mobile VAS.

GST impact: LG first durables company to increase TV prices
Confirming the development, Vijay Sales, managing partner, Nilesh Gupta, said: "LG has set the trend for price increases. This is on expected lines."

Foxconn plans to invest up to Rs 32k crore in India
Foxconn chairman & CEO Terry Gou has already committed more investments in India during his visit here, and has also spoken about partnerships with local players and industrial groups.

LG Electronics partners with Paytm Mall
As part of this, Paytm Mall will provide an online platform for consumers to visit and select LG products and the brand stores will deliver and install them.

Andhra Pradesh to generate 2L jobs in IT, electronics manufacturing: State Minister Nara Lokesh
He met Union Information Technology Minister Ravi Shankar Prasad today and sought his assistance for a variety of IT projects which are in the pipeline.

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